‼️ The FairTax Act is a proposal to get rid of federal income taxes, payroll taxes, and estate taxes. Instead, it would create a single national sales tax (around 23%) on goods and services. The idea is to simplify the tax system by taxing what people spend rather than what they earn. It also includes a monthly rebate to help lower-income families cover basic expenses. The goal is to make taxes simpler, fairer, and more transparent.