The USA Tax Act (H.R. 269), short for "Unlimited Savings Allowance", was a bill in the United States Congress for changing tax laws to replace the federal income taxes with a progressive consumption tax on households and a value-added tax on businesses . Lawrence Lokken credits Irving Fisher with the insight that consumption can be taxed by taxing income minus savings. See also a later version of Lokken's book. The first bill (S. 722) was introduced in the United States Senate in April 1995 by senators Sam Nunn (D-Ga.) and Pete Domenici (R-N.M.).
- Seidman, Lawrence S. "The USA Tax - A progressive Consumption Tax".
- Fisher, Irving; Herbert Wescott Fisher (1942). Constructive Income Taxation: A Proposal for Reform. University of Michigan: Harper & Brothers. p. 277.
- Lokken, Lawrence (October 1, 1998). Taxing USA tomorrow. (Unlimited Savings Allowance Tax). Southern Economic Journal (e-document ed.). Chicago: Amazon.com.
- Lokken, Lawrence (July 28, 2005). Taxing USA tomorrow. (Unlimited Savings Allowance Tax). Southern Economic Journal (e-document ed.). Amazon.com. p. 30.
- Nunn, Sam (June, 1995), The Unlimited Savings Allowance (USA) Tax Proposal, Georgia Public Policy Foundation, retrieved October 7, 2011
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