FairTax

A NATIONAL END-USER SALES TAX  TO REPLACE ALL INCOME AND  PAYROLL TAXES

The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue replacement, and, through companion legislation, the repeal of the 16th Amendment. This nonpartisan legislation H.R.25 / S.13 (2011) 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. The IRS is disbanded and defunded. The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

(Run cursor slowly across titles to see descriptions)

 

 

Links to National FairTax Website:

       
Main FairTax Site      
Basics site        
               

Slide presentation by Donald N. Anderson

      Flash   Length   Updated
    The FairTax swf 17 min  
       

 

Tax columns by Donald N Anderson:

    Destructive or Better Taxes? (A brief introductory 4 column series)    
Title  

Published

1 A taxpayers view 12 July 2010
2 Our individual income tax and payroll tax 13 July 2010
3 The value added and the flat income tax 14 July 2010
4 Retail sales, the FairTax and a summary 15 July 2010

 

Books:

Author Title

Published

1 Boortz, Neal & John Linder
The FairTax Book

2009 (2006)
2 Boortz, Neal;John Linder & Rob Woodall
FairTax: The Truth

2009
3 Hoagland, Ken
The FairTax Solution: Financial Justice for All Americans

2010
     
Revised 14 May 2012                                                                                           Printable pdf of this page, with cursor accessed information