The current federal income tax system is clearly broken — unfair, overly complex, and almost impossible for most Americans to understand. But there is a reasonable, nonpartisan alternative that is both fair and easy to understand. A system that allows you to keep your whole paycheck
and only pay taxes on what you spend.
The FairTax is a national sales tax that treats every person equally and
allows American businesses to thrive, while generating the same tax revenue
as the current four-million-word-plus word tax code. Under the FairTax, every
person living in the United States pays a sales tax on purchases of new goods and services, excluding necessities due to the prebate. The fair tax would eliminate all other federal taxes.