Simple, Transparent, Fair, and Just
America should have a simple rules that are easy to understand. Byzantine rules create loopholes for the wealthy and lead to unintended effects. We should have: A 10% flat personal and corporate income tax on all income up to $100,000 A 25% flat personal and corporate income tax on all income up to $1,000,000 A 35% flat personal and corporate income tax on all income above $1,000,000 Couple this simple progressive tax rate structure with: A sincere effort to reduce or eliminate tax-exempt status and tax credits A significant increase in funding for the IRS to ensure that all due revenues are collected A significant proportion of the federal budget allocated towards federal debt principal repayment A commitment to having the federal budget balanced The creation of a new federal agency dedicated towards guaranteeing every American a minimum income which will automatically employ all federal employees whose jobs are eliminated in order to...