Expressing support for the designation of April 16, 2024, as "FairTax Day".
Summary
This resolution expresses support for designating April 16, 2024, as "FairTax Day" to bring attention to a proposal that would fundamentally change the U.S. tax system. The "FairTax" plan seeks to abolish the federal income tax, payroll taxes, and the IRS, replacing them with a single national sales tax on the purchase of new goods and services.
If the underlying policy were ever enacted, citizens would no longer file annual income tax returns or have federal taxes withheld from their paychecks. Instead, they would pay a consumption tax at the point of sale, while receiving a monthly "prebate" from the government to cover the tax on essential spending up to the poverty level.
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Lifecycle of the Bill
Submitted in House
Apr 2, 2026
Submitted in House
Apr 2, 2026
Referred to the House Committee on Foreign Affairs.
Apr 2, 2026