hvactec
VIP Member
Finally, A Better Tax System that can be Clearly Understood and Easily Implemented
Our present tax system is obsolete, riddled with loop holes, unfair and demands change! America needs a new tax system that would cure all the ills that have plagued our current tax system for so long. Adding a value-added tax (VAT) would do just that.
Benefits for individuals this new tax system will:
eliminate all income taxes on the first $100,000 earned, which will abolish income taxes completely for approximately 100 million Americans
be a simpler system, making paying taxes easier for everyone
benefit most Americans whose take home pay will increase
help bring back the jobs that have been lost to other countries whose foreign VAT penalizes our exports; this will dramatically level the economic playing field
Benefits for businesses this new tax system will:
drop the corporate tax from 35 to 15 percent which would allow the U.S. tax rate to realign with international tax norms
allow us to subsidize our exports, like every other nation is doing now, advantageously, that has a VAT
allow American produced products to be more competitive, this will reawaken Americas industrial base and generate new American manufacturing on a much larger scale
Increase the advantages of producing, saving and investing in the U.S.
allow our companies to keep more of their profits, lessening their need to borrow money
read more Tax Reform and Tariffs | Economy In Crisis
Our present tax system is obsolete, riddled with loop holes, unfair and demands change! America needs a new tax system that would cure all the ills that have plagued our current tax system for so long. Adding a value-added tax (VAT) would do just that.
Benefits for individuals this new tax system will:
eliminate all income taxes on the first $100,000 earned, which will abolish income taxes completely for approximately 100 million Americans
be a simpler system, making paying taxes easier for everyone
benefit most Americans whose take home pay will increase
help bring back the jobs that have been lost to other countries whose foreign VAT penalizes our exports; this will dramatically level the economic playing field
Benefits for businesses this new tax system will:
drop the corporate tax from 35 to 15 percent which would allow the U.S. tax rate to realign with international tax norms
allow us to subsidize our exports, like every other nation is doing now, advantageously, that has a VAT
allow American produced products to be more competitive, this will reawaken Americas industrial base and generate new American manufacturing on a much larger scale
Increase the advantages of producing, saving and investing in the U.S.
allow our companies to keep more of their profits, lessening their need to borrow money
read more Tax Reform and Tariffs | Economy In Crisis