This thread is to discuss the Fair Tax. What it is, what it does, and how can it be implemented.
My congressman is the lead sponsor of the Fair Tax. And the radio talk show host I listen to every day is the author of the fair tax book. So I will try to answer any questions y'all might have.
In a nutshell the Fair Tax is a national sales tax on all new goods and services collected at the point of sale. It is meant to replace personal and corporate income taxes, capital gains taxes, social security and medicare taxes, payroll taxes and estate taxes.
http://www.fairtax.org/site/PageServer