21
edits
Changes
→Proposal: restated and added bit
* Abolish the [[Internal Revenue Service]] (IRS).
* Abolish the [[Internal Revenue Service]] (IRS).
* Abolish personal and business [[income tax]]es.
* Abolish personal and business [[income tax]]es and replace it with a national retail sales tax.
* Calls for the repeal of the [[16th Amendment]].
* Repeal of the [[16th Amendment]] through companion legislation.
* Provide each worker a monthly prebate, equal to the tax on "poverty level" income. <ref> Just how fair is the ‘Fair Tax’ CNN Money, September 2005, http://money.cnn.com/2005/09/06/pf/taxes/consumptiontax_0510/</ref>
* Provide each worker a monthly prebate, equal to the tax on "poverty level" income.<ref> Just how fair is the ‘Fair Tax’ CNN Money, September 2005, http://money.cnn.com/2005/09/06/pf/taxes/consumptiontax_0510/</ref>
* Close many loopholes under the current system.
* Close many loopholes under the current system.
* Enable retirees to receive their full pension, untaxed, until they spend it.
* Enable retirees to receive their full pension, untaxed, until they spend it.