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[[Image:FairTaxRally.jpg|thumb|350px|A pro FairTax rally in Florida]]

[[Image:FairTaxRally.jpg|thumb|350px|A pro FairTax rally in Florida]]

'''The FairTax''' is a tax proposal that would replace all federal [[income tax]]es -- including corporate, gift, estate, capital gains, alternative minimum, [[Social Security]], [[Medicare]], and self employment taxes -- with a federal [[sales tax]]. The tax would be paid on the purchase of all new goods and services, and would be immediately collected at point of sale. <ref> Americans For Fair Taxation, “About the FairTax,” http://www.fairtax.org/site/PageServer?pagename=about_main</ref>  

The '''FairTax''' is a tax proposal that would replace all federal [[income tax]]es -- including corporate, gift, estate, capital gains, alternative minimum, [[Social Security]], [[Medicare]], and self employment taxes -- with a federal [[sales tax]]. The tax would be paid on the purchase of all new goods and services, and would be immediately collected at point of sale. <ref> Americans For Fair Taxation, “About the FairTax,” http://www.fairtax.org/site/PageServer?pagename=about_main</ref>  

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