The Fair Tax Act Aims to Abolish the IRS and Set a National Sales Tax. Here’s How It Would Work

No more income taxes, in exchange for a hefty 30% sales tax on most of your purchases.

January 23, 2023 EVERYDAY MONEY The Fair Tax Act Aims to Abolish the IRS and Set a National Sales Tax. Here's How It Would Work No more income taxes, in exchange for a hefty 30% sales tax on most of your purchases. READ MORE

MORTGAGES Are We in a Housing Recession? What the Slowdown Means for Buyers and Sellers Keep calm and carry on. READ MORE

EVERYDAY MONEY Gas Prices Are Back Above $3 in All 50 States Prices at the pump have been on the rise since Christmas, and costs are expected to climb more in the weeks ahead. READ MORE

EVERYDAY MONEY Buyers Are Getting Discounts on New Cars Again — but There's a Catch It's becoming more difficult for auto dealerships to charge above the sticker price on a new car. READ MORE

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