Fair Tax Act 2025 Bill Summary. The fair tax act of 2023 is a bill to enact the fair tax plan, which is a proposal to replace the federal income tax with a federal sales tax. If enacted, this will invigorate the.

This bill imposes a national sales tax on the use or consumption in the united states of taxable property or services in lieu of the current income. 25) to enact the “fair tax.” 1 introduced by rep.