THE PLAN: Initiate a 5% Value Added Tax (VAT) on all goods sold in the US and its Territories. This tax’s sole purpose is to PAY DOWN the balance on the National Debt to a point where it can be paid off within one Fiscal Year. TAX must be eliminated once the debt has been repaid. SELLING POINTS: Tax will be applicable to ALL Poor, Middle Class and Rich. Tax will be fair to all. Payroll tax should be rolled back by ...more »
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