Publication Date

12-2008

School

School of Business

Major

Accounting

Primary Subject Area

Business Administration, Accounting

Keywords

Fair Tax, H.R. 25, federal tax reform, taxation

Disciplines

Accounting | Taxation

Abstract

This thesis begins by investigating the current system of federal taxation in the United States and examining the flaws within the system. It will then deal with a proposal put forth to reform the current tax system, namely the Fair Tax. The Fair Tax will be examined in great depth and all aspects of it will be explained. The objective of this paper is to determine if the Fair Tax is a viable solution for fundamental tax reform in America. Both advantages and disadvantages of the Fair Tax will objectively be pointed out and an educated opinion will be given regarding its feasibility.

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