Consumption Tax Fairness Act

The Consumption Tax Fairness Act is proposed legislation aimed at reforming how sales and consumption taxes are applied. It seeks to create a fairer tax system by simplifying tax collection across different states and reducing loopholes that benefit certain businesses or individuals. Typically, this act advocates for a more uniform tax rate on goods and services, making it easier to comply with and ensuring that everyone pays their fair share. Overall, it aims to promote economic fairness, encourage compliance, and streamline the way consumption taxes are administered nationally.