Would the fair tax mean less taxes for Americans?
OCALA, Fla., February 7, 2014 — Replacing the income tax is an idea that has been around for quite awhile. It probably began over one hundred years ago, on the day that Woodrow Wilson signed the Revenue Act of 1913 into law.
A leading alternative to the income tax is called the “fair tax”, which would be levied on purchases within the United States. There is far more to the fair tax than this simple definition, though.
For starters, how might a national sales tax be of benefit to consumers?
“Consumers would gain control of their tax burden,” former New Mexico Governor Gary Johnson explains to Communities Digital News. One of America’s foremost libertarian voices, he stood as a candidate for the 2012 Republican presidential nomination. He ultimately left the GOP to run as the Libertarian Party’s standard-bearer. Today, Gov. Johnson continues his advocacy for individualist public policy.