Department of the Treasury

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Department of the Treasury

flat taxes and buy bonds on gross earnings

Federal Tax - For people making between $0 – $1M, pay 5% of the gross earnings for every paycheck we get directly to the Federal government. Also, buy (about) 5% of the gross earnings in Treasury Bonds, not redeemable for 5 years. This will be our “rainy day” fund to pay for natural disasters, to pay for wars, to pay for energy/ education/ infrastructure/ humanitarian services, to pay for reducing the National Debt,... more »