Fairness in Taxation Act

The Fairness in Taxation Act is a proposed legislation aimed at making the U.S. tax system more equitable. It seeks to address disparities by ensuring that higher-income individuals and corporations contribute a fair share of taxes. The Act would potentially increase rates for the wealthiest Americans and eliminate some tax breaks that disproportionately benefit them. By doing so, it aims to reduce income inequality and ensure that essential public services, such as education and healthcare, are funded adequately, benefiting all citizens rather than favoring the wealthy.