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News Taxes Friday, Jun 3 2011

The Hill: Sen. Lugar calls for 'fair tax' in web video

Jun 03, 2011

On June 2, 2011, The Hill reported:

Indiana Sen. Dick Lugar (R) said outlined his support for the so-called fair tax in a web video released to supporters on Thursday.

Lugar said he’d support tax reforms that abolish the IRS and replace the federal income tax with a national retail sales tax. There is currently legislation based on the fair tax plan pending in Congress, but observers say it has little chance of becoming law.

Read the full story here.

Published: Jun 3, 2011

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