It abolishes all federal personal and corporate income taxes, gift, estate,
capital gains, alternative minimum,
Social Security, Medicare, and self - employment taxes and
replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.
Therefore, the hypothesis of a deficit of
social capital in stepfamilies is rejected, as many individuals in stepfamilies
replace bonding
social capital with bridging
social capital.