Taxation reforms is a key feature of this budget, as it has an impact on what the rest of the economy does and for the first ...

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt ...

House Republicans introduced the FairTax Act of 2023 in January, and if it passes, a national consumption tax would replace the current tax system. Keep reading to find out how it would work and ...

In an attempt to bring fiscal discipline and consolidation, the government has to cut the debt-GDP ratio by half by 2031. It ...