Expressing support for the designation of April 16, 2024, as "FairTax Day".

Taxation

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Introduced on April 16, 2024 by Buddy Carter

Legislation Details

Expresses support for designating April 16, 2024, as “FairTax Day.”
Highlights the current U.S. tax code’s complexity, with over 7,000 pages.
Notes Americans spend over 6 billion hours annually on tax filing.
Advocates for the FairTax, proposing to replace the current tax code with a single national consumption tax.
Claims the FairTax allows Americans to keep 100% of their paycheck, eliminating the IRS headache.
Mentions a family of four could spend $30,000 annually without paying taxes under the FairTax.
States the FairTax would eliminate personal and corporate income taxes, death tax, gift taxes, and payroll tax, along with abolishing the IRS.
Describes the FairTax as simple, efficient, growth-friendly, nondiscriminatory, unintrusive, and fair.

Last updated 8/8/2024