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"END FED INCOME TAX, REPLACE with a STATE GROSS PRODUCT TAX"

Created by L.T. on November 05, 2011

Currently our economy has two major enities that tax incomes. A majority of the fifty States have a business, and personal income tax, and the Federal Government does the same. This situation is costly, and a burden for people, and businesses to comply with all the paper work, and regulations. It would be more efficient to eliminate the federal income tax, and replace it with a flat tax on the gross state product of each state. Each state would pay the Federal Government quartely the same precentage of it's state economy's product as each other State does. The Federal Government would not have the expence, and the differcultis of dealing with over three hundred million people, and millions of businesses. The Federal Governmewould would only be dealing with fifty state treasurers.

Economy & Jobs
Government & Regulatory Reform
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