The Fair Tax. Americans for Fair Taxation. The Fair Tax Founders. Where Did it Start? Leo Linbeck* and two business associates (*Chairman and CEO, Linbeck Corp; Past Chairman, Federal Reserve of Dallas) $4.5 mil. seed money from three associates
Americans for Fair Taxation
Where Did it Start?
Fair Tax BaseSource: National Income Product Accounts, Survey of Current Business, Aug., 1996 (From Emancipating America from the Income Tax by D. R. Mastromarco and D. R. Burton)
Total Taxes Collected + RebateTotal Consumption Expenditures
The necessary tax rate: 23%
-11.5% 0.0% 11.5% 17.2% 20.1% 22.8%
Through encouragement of: