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The End Of The IRS As We Know It? | The FairTax Act Explained
Manage episode 377038773 series 2385200
Is it time to say goodbye to income taxes in 2023? House Republicans introduced the FairTax Act of 2023 in January, and if it passes, a national consumption tax would replace the current tax system.
In this BetterWealth podcast, Caleb reacts to part of a video by Andrei Jikh, that outlines exactly what the FairTax Act is proposing and what exactly a national consumption tax is.
Caleb gives his assessment and expertise on the topic and whether he thinks this new tax system has any shot of passing into law.
Original video - https://youtu.be/jxEF7njtTgE?feature=shared
Contact BetterWealth:
https://www.betterwealth.com
info@betterwealth.com
#BetterWealth
659 jaksoa
Manage episode 377038773 series 2385200
Is it time to say goodbye to income taxes in 2023? House Republicans introduced the FairTax Act of 2023 in January, and if it passes, a national consumption tax would replace the current tax system.
In this BetterWealth podcast, Caleb reacts to part of a video by Andrei Jikh, that outlines exactly what the FairTax Act is proposing and what exactly a national consumption tax is.
Caleb gives his assessment and expertise on the topic and whether he thinks this new tax system has any shot of passing into law.
Original video - https://youtu.be/jxEF7njtTgE?feature=shared
Contact BetterWealth:
https://www.betterwealth.com
info@betterwealth.com
#BetterWealth
659 jaksoa
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