Middle class tax credits

Economy
1

In order to support US manufacturing and supply chains, all products sold will have the percentage of US sourced material and assembly certified. The tax credit will be equal to the % of purchase price equal to the percentage sourced and assembled in USA. retailers can use their robust customer purchase tracking databases to send annual statements to consumers for tax purposes. This will help transition away from income tax as purchases will create credits to reduce tax burden. This will incentivize foreign manufacturers to set up shop in USA.