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- H.R.25
H.R.25: Fair Tax Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 6, 2009
- Latest Major Action Jan. 6, 2009
- See the twelve similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
66 (2 Democrats, 65 Republicans)
Bill Summary
Fair Tax Act of 2009 - Repeals the income tax, employment tax, and estate and gift tax. Redesignates the Internal Revenue Code of 1986 as the Internal Revenue Code of 2009. Imposes a national sales tax on the use or consumption in the United States of taxable property or services. Sets the sales tax rate at 23% in 2011, with adjustments to the rate in subsequent years. Allows exemptions from the tax for property or services purchased for...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Jan. 6, 2009 |
Introduced in the House by John Linder (R-Ga.) |