Leo Linbeck Jr

Leo E. Linbeck Jr., is a construction mogul, head of one of Houston’s most powerful and civically involved families, and the founder and chairman of Americans for Fair Taxation, the non-profit organization that drafted the FairTax plan. The plan centers on the creation of a national sales tax and the abolition of the federal income tax and the Internal Revenue Service. In his business life, Linbeck is the chairman and CEO of the Linbeck Corporation, a Houston-based construction conglomerate with offices nationwide. The company was founded by his father in 1938. Linbeck Jr., advanced to president and chief executive of the company in 1966. The corporation is among the nation’s largest project managers and builders, with projects exceeding $1.2 billion in the past five fiscal years, according to Linbeck’s biography published by Texans for Lawsuit Reform, of which he is senior chairman. Linbeck is a past chairman and director of the Federal Reserve Bank of Dallas, and former director of the Federal Reserve Bank of Dallas-Houston Branch.