Predicted effects of the FairTax
The Fair Tax Act (/) is a bill in the United States Congress for changing tax laws to replace the Internal Revenue Service (IRS) and all federal income taxes (including Alternative Minimum Tax), payroll taxes (including Social Security and Medicare taxes), corporate taxes, capital gains taxes, gift taxes, and estate taxes with a national retail sales tax, to be levied once at the point of purchase on all new goods and services.
Predicted effects of the FairTaxFairTaxRevenue neutrality of the FairTaxDistribution of the FairTax burdenKepner Income TaxPolitical positions of Mike GravelFlat tax
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Personal Rule: King Charles I of England dissolved Parliament and began 11 years of ruling alone (1629)
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