Hey all: I read the Boortz/Linden book on this, but the Fair tax site states the goals of the movement for all concerned.
Americans For Fair Taxation: Americans For Fair Taxation
From the site:
This part explains why the taxes would be at 23%:Americans For Fair Taxation: The FairTax Rate: a 23% tomato or a 30% tomato?The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including:
A progressive national retail sales tax.
A prebate to ensure no American pays federal taxes on spending up to the poverty level.
Dollar-for-dollar federal revenue neutrality.
Repeal of the 16th Amendment through companion legislation.
The idea behind this is to tax the use of money, the fair tax book explains that personal transfers(used goods) are exempt because the taxes are paid, the sixteenth amendment is up for a repeal with corresponding information if the law should pass, and the goal is to reduce the volumes of tax code down to four pages.