(Tax Plan Alternatives; The “FairTax”)There are many proposals to make taxation fairer. Check out the FairTax initiative in the United States at
www.fairtax.org/site/PageServer?pagename=calculator
Research how the proposed FairTax works. One suggestion is to eliminate income taxes and most other taxes in favor of a 23% consumption tax on all products and services that you buy. Some FairTax opponents question the 23% figure and say that because of the way the tax is calculated, it would be more accurate to say the rate is 30%—check this carefully. Write a program that prompts the user to enter expenses in various categories (e.g., housing, food, clothing, transportation, education, health care, vacations), then prints the estimated FairTax that person would pay.
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