Hi,
Republicans have reintroduced one of their long held unhinged ideas to
eliminate the IRS and all federal taxes and replace them with a nationwide
30 percent flat sales tax. They unironically call it the “Fair Tax Act”.^1
This proposal, championed by Matt Gaetz, Marjorie Taylor Greene, Ron
DeSantis, and Ted Cruz, would shift the burden of taxation away from the
wealthy and onto the poor and middle class.^2,3
They want to eliminate the current income tax system, including all
deductions and exemptions, thereby severely damaging charitable
organizations that rely on tax incentives to encourage donations from
individuals and corporations.^1 The proposed legislation would result in a
crippling blow to the poorest members of our society as well as the
critical services provided by charitable organizations.
[ [link removed] ]Sign the petition: Tell Congress to reject that devastatingly unfair
“Fair Tax Act” and instead focus on tax policies that actually help
working Americans, not just the ultra-wealthy.
ADD YOUR NAME
Under the proposed plan, the wealthy would no longer be subject to federal
income taxes, while middle class and working families would face a drastic
tax hike in the form of a nationwide 30 percent flat sales tax. This would
result in an increase in the cost of all goods and services, which would
be a significant burden for millions of families who are already
struggling to make ends meet.^4
This insane tax plan would also result in a significant decrease in
federal revenue, leading to cuts in essential public services and
potentially severely hampering economic growth. Congress MUST make a stand
and prevent the Republican party from passing a psychotic tax plan that
would be catastrophic for middle class and working families.^4
[ [link removed] ]Sign the petition: Tell Congress to reject that devastatingly unfair
“Fair Tax Act” and instead focus on tax policies that actually help
working Americans instead of the wealthy elite.
Thanks for taking action,
Miguel and the team at Demand Progress
[ [link removed] ]DONATE
Sources:
1. CAP, “The ‘Fair Tax’ Act Would Radically Restructure the Nation’s Tax
System in Favor of the Wealthy,” [ [link removed] ]February 8, 2023.
2. Politico, “Ron DeSantis, former(?) FairTax supporter,” [ [link removed] ]February 6,
2023.
3. CPA, “Abolish Income Taxes? Idea Gains Some Traction in Congress,”
[ [link removed] ]January 23, 2023.
4. Patriotic Millionaires, “The FairTax Act is Nowhere Near Fair,”
[ [link removed] ]February 1, 2023.
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