- Only ONE TAX: 5% from buyer(s) and seller(s) in any/every transaction.
- Replaces income, property, estate, payroll and ALL other taxes.
- No other taxes, no tax returns, no annual tax bill, no payroll, no other tax compliance.
- Everybody pays, all people, all companies, all nonprofits, all churches, etc.
- All transactions wholesale, retail, stock trades, any value trading hands, no exceptions.
- Eliminates the time, stress and expense of annual filing, and the big annual tax bill.
- Spend more time making money and none on tax strategies and compliance.
- 25% of home ownership cost is property tax. More will be able to afford homes.
- Apps allow Citizens to track tax revenues and expenditures, and rate performance.