Fair Tax

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Definition: Fair Tax

Fair Tax
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Full Definition of Fair Tax

Proposed amendment to tax laws that seeks to abolish federal and state income taxes and replace it with a federal retail sales tax. This amendment was introduced under the Fair Tax Act of 2003.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/fair-tax/
Modern Language Association (MLA):
Fair Tax. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/fair-tax/.
Chicago Manual of Style (CMS):
Fair Tax. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/fair-tax/ (accessed: April 20, 2024).
American Psychological Association (APA):
Fair Tax. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/fair-tax/

Definition Sources

Definitions for Fair Tax are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.