The Fair Tax is also known as H.R. 25 and S 13
Repeal the income tax, employment tax, and estate and gift tax.
Impose a national sales tax on the use or consumption in the United States of taxable property or services.Sets the sales tax rate at 23% in 2013, with adjustments to the rate in subsequent years. Allows exemptions from the tax for property or services purchased for business, export, or investment purposes, and for state government functions.