The Fair Tax Act, introduced by Rep. Buddy Carter (R-GA), is an attempt to simplify the tax code and the tax collection system. Similar legislation was first proposed in 1999 by former Rep. John Linder (R-GA); the current iteration of the bill is also sponsored by House Freedom Caucus Chair Scott Perry (R-PA), as well as lawmakers such as Rep. Bob Good (R-VA), Rep. Jeff Duncan (R-SC), Rep. Thomas Massie (R-KY), and Rep. Kat Cammack (R-FL).
“As a former small business owner, I understand the unnecessary burden our failing income tax system has on Americans,” Duncan said in a press release. “The Fair Tax Act