1. Eliminate ALL corporate tax.
1a. Eliminate ALL depletion allowances and depreciation allowances.
2. Eliminate ALL current IRS regulations.
3. Set the individual tax rate at 10% regardless of income.
3a. Perquisites at taxed at 10% of cost.
3b. Withhold at the rate of 11%, to get a refund you have to file taxes, but there is no legal imperative to file.
4. Tax ALL money coming into the country at 0% (yes, ZERO%).
1. Article V.
My tax proposal....
16% flat tax on every dollar spent ....
Divided 4 ways, Feds, state, county and cities, 4% each.
Operate within that 4% budget....period
Businesses alone report taxes, not individuals.
No exemptions. No special taxes like gas tax, phone tax, utility tax etc ...
Just 16% of the dollar you spend not earn.
Eliminate Inheritance Tax.