AmericanResurgence
Rookie
- Jun 13, 2018
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American Tax Reduction Act
The role of Federal Government in the American Tax Reduction Act is to coordinate the implementation of tax reductions across the United States of America at Local, State and Federal level government.
Federal Income Tax Rate for reported income below $150,000 would be exempt from Income Tax eliminating the tax burden for the Middle Class.
The Federal Government should be coordinating tax deduction increases across the States through releasing monies currently being spent on duplicated welfare programs and by abolishing the Federal Department of Housing and Urban Affairs and by abolishing the Federal Department of Education.
The Tax Deduction for Charitable Donation would be eliminated and the Mortgage Interest Deduction would be eliminated from the Federal Tax Code.
In coordinating the American Tax Reduction Act the Federal Government would distribute monies accumulated at Federal level to States for the purpose of reducing 3 key tax structures.
State Income Tax Thresholds to increase to a minimum $20,000 per year
State Sales Taxes to be reduced by a minimum 2%
State Fuel Duties to be reduced by a minimum of 10cents a litre
The Foreign Aid Budget would be eliminated
There would be reductions in NASA budget
Federal Grants to States would be reduced by 40%
Age Limit for Unemployment Insurance would be increased by 2 years
Farm Subsidies would be cancelled
The role of Federal Government in the American Tax Reduction Act is to coordinate the implementation of tax reductions across the United States of America at Local, State and Federal level government.
Federal Income Tax Rate for reported income below $150,000 would be exempt from Income Tax eliminating the tax burden for the Middle Class.
The Federal Government should be coordinating tax deduction increases across the States through releasing monies currently being spent on duplicated welfare programs and by abolishing the Federal Department of Housing and Urban Affairs and by abolishing the Federal Department of Education.
The Tax Deduction for Charitable Donation would be eliminated and the Mortgage Interest Deduction would be eliminated from the Federal Tax Code.
In coordinating the American Tax Reduction Act the Federal Government would distribute monies accumulated at Federal level to States for the purpose of reducing 3 key tax structures.
State Income Tax Thresholds to increase to a minimum $20,000 per year
State Sales Taxes to be reduced by a minimum 2%
State Fuel Duties to be reduced by a minimum of 10cents a litre
The Foreign Aid Budget would be eliminated
There would be reductions in NASA budget
Federal Grants to States would be reduced by 40%
Age Limit for Unemployment Insurance would be increased by 2 years
Farm Subsidies would be cancelled
