Expressing support for the designation of April 16, 2024, as "FairTax Day".

Bill 118 HRES 1150, also known as the "FairTax Day" bill, is a piece of legislation that expresses support for designating April 16, 2024, as "FairTax Day." The FairTax is a proposed national sales tax that would replace the current federal income tax system.

The bill highlights the benefits of the FairTax, such as simplifying the tax code, promoting economic growth, and ensuring that all Americans pay their fair share of taxes. It also recognizes the efforts of organizations and individuals who advocate for the FairTax and encourages further discussion and debate on the topic.

If passed, this bill would not make the FairTax the law of the land, but it would serve as a symbolic gesture of support for the concept. Supporters of the FairTax believe that it would lead to a fairer and more efficient tax system, while critics argue that it would disproportionately impact low-income individuals and families. Overall, Bill 118 HRES 1150 aims to raise awareness about the FairTax and spark conversations about potential tax reform in the United States.