Single Tax

Single Tax

BULLET POINTS

  • 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.