The original Fair Tax act has been hiding in the shadows since 1999 when first introduced to Congress. It was developed by some 80 leading economists including a Nobel Laureat
Why is the bi-partisan Fair Tax so unknown after all these years? Most members of both parties prefer to continue profiting from the sale of tax favors and therefore refuse to bring up the legislation for consideration. Admittedly, a significant reason is that most of them have little conception of what the Fair Tax is and would do for the nation. Nevertheless, the basic reason Congressional leaders continue to hide the Fair Tax is Potential Loss of Power!