Eliminate Income Tax and replace it with a tiny .25% automated payments tax. This is the ultimate expand the base and lower the rate tax plan. It means if you earn $100k/yr, you would only pay $250 in tax. No need for exemptions, no special interest or loopholes, everyone pays the same low rate, it is automated at the financial institution level…and no more income tax filing!!!
Transactions trued up daily.
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