The Obama Administration should inspire Congress to create a flat rate income tax for individuals on all income. For corporations, the Administration should create an adjustable rate income tax based on the percentage of American workers that each individual corporation employs. For example, if a corporation has a 90% American workforce, they should pay 10%. If a corporation has fewer than a 75% American workforce, they should pay 90%. Additionally, all tax loopholes should be closed, no tax credits, no subsidies, no deductions, and no refunds.
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