 Republicans want a flat sales tax. Republicans seek to cut taxes and spending by abolishing the IRS and replace most federal taxes with a 23% national sales tax. A Brookings Institute paper notes one issue, that fair tax idea, which would put a 30% markup on almost everything's sticker price and make the tax 23% of an item's total price, would add roughly $10 trillion to the deficit over 10 years, despite Republicans' calls for deficit reduction. In their Brookings article, William G. Gale and Kyle Palmerloo argue that fair tax proponents don't account for how prices would change for consumers and businesses, which would require a much higher tax rate to match current tax revenues, even under favorable assumptions like no tax evasion and no government spending changes. Gale and Palmerloo estimate a 10-year deficit increase of roughly $10 trillion. Palmerloo explained the disparity through email as inflation. If the price level rose 10% tomorrow, all dollar-denominated goods would climb 10%. Goods and services, wages, profits, etc. Everything would retain its true value. Government expenditure must rise with 10% inflation to maintain real spending, Palmerloo remarked. The proponents' first estimations had a similar issue. They assumed that taxes increased prices. Yet, they assumed that government spending doesn't rise at the same time, implying a real cut. In a world without tax evasion, the fair tax would have to be 39% on the sticker price of goods and services to break even. To maintain revenue at current levels with a 17% tax evasion and avoidance rate, the rate would have to be nearly 52%. As the authors remarked, if there's no IRS to enforce tax evasion, even that low level is optimistic. To sustain government revenue and spending, fair tax would raise prices by nearly 50% on food, electronics, and most other goods. According to Brookings, exemptions for necessities in state and local taxes would raise that rate to 85.5%. Spending, not revenue, is our problem. The federal government has had record revenue and trillion-dollar deficits under President Biden, Representative Buddy Carter, who filed the bill, told Insider. We must slash spending, return money to Americans, and simplify our tax code to benefit hardworking taxpayers. The fair tax won't enrich the government, that's the purpose. GOP tax policy has added billions to the debt before. The impartial congressional budget office estimates that the House GOP's $80 billion IRS funding cut would increase the deficit by $114 billion. But, a fair tax or IRS abolition seem unlikely. The White House strongly opposes the fair tax legislation, and President Joe Biden has threatened to veto similar initiatives. The Biden administration also criticized the concept. Michael Kikukawa told Insider, House Republicans alone could create a strategy that cuts taxes for the wealthiest, raises taxes for working people, and adds $10 trillion to the debt. This is on top of the $3 trillion Republicans want to add to the debt through tax giveaways to rich tax cheaters, big pharma, corporations, and other special interests. The American people want to know what congressional Republicans propose to cut given their assertions that they care about the debt while proposing trillion-dollar increases. Social security, Medicare, Medicaid, and the Affordable Care Act, as they have suggested? Leave a comment below with your thoughts and opinions.