With tax season upon us, here’s everything you need to know about a national consumption tax. Consumption tax is a tax on goods or services – what you spend, rather than what you earn.

In theory, those tariffs could partly replace income taxes as a source of federal revenue. With tax season upon us, here’s everything you need to know about a national consumption tax. Consumption tax ...

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 ...

Get your forms together, it's tax season. So when will the IRS start accepting returns? What is the filing deadline in Ohio? Here's what to know.

The Republican-controlled U.S. House of Representatives and Senate could spell disaster for the future of the IRS. A week before Inauguration Day, a dozen GOP lawmakers introduced the Fair Tax Act ...

Democratic Party proposes new 1% national tax for local property grants in Korea Democratic Party outlines a strategy to ...