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FairTax

FairTax is a fixed rate sales tax proposal introduced as bill H.R. 25 in the United States Congress every year since 2005. The Fair Tax Act calls for elimination of the Internal Revenue Service and sets the stage for repeal of the Sixteenth Amendment to the United States Constitution. H.R. 25 would eliminate all federal income taxes (including the…

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Overview

Legislative overview and history

Tax rate

Taxable items and exemptions

Distribution of tax burden

Predicted effects

Changes in the retail economy

Effects on tax code compliance

FairTax movement

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Map overview Semantic statistics

FairTax

Nodes250
Edges249
Triples300
Avg. degree1.99
Density0.008
Components1

How this topic connects Entity context

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FairTax

Top relations

related to history · 38
FairTax → Americans For Fair Taxation, Bush, Congress, Democrat, Democratic, Democratic Representative Collin Peterson, Democratic Senator Zell Miller, Department, Excise Tax, Fair Tax, Fair Tax Act, Former Speaker, Georgia, Georgia Republican Saxby Chambliss, Georgia Republicans John Linder, House, House Dennis Hastert, In, Internal Revenue Service, July
has effect · 35
FairTax → According, Advocates, An, Baker Institute For Public, Beacon Hill Institute, By, Congress, Congress John Linder, Critics, Economists, For, If, In, It, Money, One, Other, Passing, Policy, President
related to Economic · 24
FairTax → Americans For Fair Taxation, An, Arduin, Asian, Baker Institute For Public, Bill Archer, Economist John Golob, Economists Laurence Kotlikoff, European, GDP, House Ways, Laffer, Means Committee, Moore Econometrics, Nobel Laureate Vernon, OECD, Policy, Princeton University Econometrics, Proponents, Sabine Jokisch
related to Underground economy · 21
FairTax → Businesses, Citing, Columbia, District, Europe's, Forbes, In, Individuals, Laurence Kotlikoff, Opponents, Personal, Proponents, Retailers, The, They, This, Tim Worstall, Under, United States, VAT
related to FairTax movement · 20
FairTax → AFFT, AFFT Chairman, Alternative Tax System, Americans For Fair Taxation, As, Atlanta Journal-Constitution, Bartlett, Bruce Bartlett, CEO, Church, Houston, In, Leo Linbeck, Representative John Linder, Scientology, Scientology-affiliated Citizens, Texas, The, This, Xenu
related to Revenue neutrality · 18
FairTax → Arduin, Beacon Hill Institute, Dr, Economists, Laffer, Laurence Kotlikoff, Moore Econometrics, National Income, Nor, Product Account, Suffolk University, Tax Notes, The, The Argus Group, These, To, Various, While
related to Presentation of tax rate · 17
FairTax → Although, Bruce Bartlett, Congressman John Linder, FactCheck, For, If, Linder, Medicaid, Medicare, Proponents, Sales, Social Security, The, The FairTax, To, Traditional, Under
related to Monthly tax rebate · 16
FairTax → Beacon Hill Institute, Bruce Bartlett, Department, Economists, Family Consumption Allowance, FCA, Health, Households, Human Services, In, Mail, Opponents, The, The FCA, The Social Security Administration, Under
related to Tax compliance and evasion · 16
FairTax → American, Beacon Hill Institute, Because, Big-Box, California, Economic Census, For, GAO, In, John Linder, Proponents, Retailers, The, The FairTax, The Government Accountability Office, Under
related to Theories of retail pricing · 16
FairTax → Arduin, Based, Bruce Bartlett, Dale Jorgenson, David Tuerck, Federal Reserve, Full, If, Jorgenson's, Laffer, Moore Econometrics, Non-accommodation, Partial, Price, The, This

Important terminology Word statistics

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Important terminology

tax would sales income states rate taxes consumption state goods retail system federal also could rebate bill united total increase

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
FairTaxis afixed rate sales tax proposal introduced as bill H.R0.90text
FairTaxis anational tax0.90text
health careinstance ofPersonal services0.80text
legal servicesinstance ofPersonal services0.80text
financial servicesinstance ofPersonal services0.80text
and auto repairs would be subject to the FairTaxinstance ofPersonal services0.80text
as would renting apartmentsinstance ofPersonal services0.80text
other real propertyinstance ofPersonal services0.80text
retireesinstance ofwould affect the overall economy and how it would affect the well-being of various groups0.80text
foodinstance ofbut they would face taxation when they used drug proceeds to buy consumer goods0.80text
clothinginstance ofbut they would face taxation when they used drug proceeds to buy consumer goods0.80text
and carsinstance ofbut they would face taxation when they used drug proceeds to buy consumer goods0.80text

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