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create a "fair and flat rate transaction tax" that will eliminate budget and trade deficits and restore jobs to the USA!

Created by H.H. on December 22, 2011

The American public cries out for overhauling of our tax, trade and employment incentive practices to restore integrity and competitive fairness, all done in a simplified and impartial manner. We hold that a "Transaction Tax" [imposed on all payee-recipients on all financial transactions - regardless of source, purpose or payer/payee status] is the most equitable and efficient method of producing Federal tax revenues. It also eliminates cause to seek favoritism from elected officials or reason for them to bestow favoritism to any person, group, entity or business pursuit, being hidden in U.S. Tax Codes. A flat tax of 1/2 of 1% on all payment transfers, deducted by US banking entities and remitted daily through the Federal Reserve System could yield the US Treasury $3.5 TRILLION annually.

Budget & Taxes
Economy & Jobs
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