flat tax, 10% across the board, no exemptions
Take ALL the power away from the IRS and rule makers, make it simple and easy to understand, and put several billion in wasted effort of compliance back into the economy.
AND the government HAS TO live within that 10%, no deficit spending except for wartime emergency.
Next problem?
I agree with the flat 10% tax, I’ve been advocating that here in Alberta too.
Next problem, Islam and the muslims in North America, what’s the solution?
Do you think the definition of the word "income" is subjective? It will be with that plan. At that point, there will need to be enforcement.
The real problem is spending. No tax plan is going to fix that without addressing the Congress' systematic ignorance of Article I Section 8.
Specifically, the government has the authority to meet this years expenses by borrowing an amount no greater than last years actual revenue. But it must retire that debt this year. That is, next years outlay budget is limited to this years revenue - not some pie-in-the-sky rosy scenario guestimate of next years revenue.And Congress must live within that limit or else be ineligible for reelection.