Allen Waters believes the ultimate tax reform is eliminating the federal income tax. Allen supports H.R. 25, The"FairTax Act": "To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States."
The FairTax is economic rocket fuel. Replace the federal income tax on both individuals and businesses with a national retail sales tax on only new goods and services; advance rebate the sales tax monthly for all citizen households up to the poverty level, so it does not hurt the poor; and close the IRS.
H.R.25 - FairTax Act of 2025 - 119th Congress (2025-2026)
www.congress.gov/bill/119th-congress/house-bill/25
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