H.R.853: To direct the Comptroller General of the United States to study the effect that a tax system comprised of a 10 percent Federal consumption tax and a 10 percent flat Federal income tax would have on the Federal Government and the United States economy.

Directs the Comptroller General to study and report to the Congress on the effect: (1) that a tax system comprised of a ten percent Federal consumption tax and a ten percent flat Federal income tax would have on Government revenues and the U.S. economy; and (2) those rates would have if varied over time but raise the same revenue as the tax system in effect at the time of enactment of this Act.

(Source: Library of Congress)