FairTax FAQ
January 25, 2023
Business Tax Compliance and Complexity, Business Taxes, Corporate Income Taxes, Estate and Gift Taxes, Federal Tax Updates, Individual and Consumption Taxes, Individual Income and Payroll Taxes, Individual Tax Compliance and Complexity, IRS, Sales Taxes, sources of revenue, Tax administration, tax fairness, Taxes and The Economy
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The FairTax is a proposal to replace all major sources of the federal government’s revenue—the individual income tax, corporate income tax, estate and gift taxes, and payroll tax—with a national sales tax and rebate, abolishing the IRS in the process.
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