Finally, A Better Tax System that can be Clearly Understood and Easily Implemented

[MindMover]

Our present tax system is obsolete, riddled with loop holes, unfair and demands change!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


http://economyincrisis.org/the-value-added-tax-vat

[FreakinDJ]

1. A Corporate VAT Tax system is the ONLY we can get our jobs back

I know only a very few people here at DU (or all citizens for that matter) understand the current system allows corporations to cheat not only America, but the country of origin out of taxes also.

A before the "Free Traitors" chime in, Geez ... How is that Trickle Down Economics Crap working out for you - still got your home btw.