The system is broken. From tax shelters to strangers getting your refund.
Individuals spend endless hours to file.
The IRS costs 14.3 billion every year for overall operations.
Audits are focused almost exclusively on low-income people.
The Tax Code is 6,871 pages long.
The Fair Tax Act of 2023 (H.R. 25) would fix the problems. The Fair Tax Act would restructure the nation’s tax system, replacing individual and corporate income taxes, the estate tax, and the payroll taxes dedicated to Social Security and Medicare with a national sales tax.
States , counties, and cities already have systems in place to collect sales tax. The proposed rate is only 30%.
Benefits of a national sales tax