What is the FairTax?
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 neutrality.
* Repeal of the 16th Amendment through companion legislation.
Tuesday, January 15, 2008
What is the FairTax Plan?
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