Obama commission proposes national sales tax to help reduce deficit

Posted on November 17, 2010


A bipartisan group will present a deficit-reduction plan today that goes beyond the spending cuts and tax proposals from the chairmen of President Barack Obama’s fiscal commission. It also calls for a one-year holiday from Social Security payroll taxes to encourage hiring and for a national sales tax to reduce deficits.

via Bipartisan panel proposes national sales tax to help reduce deficit | cleveland.com.