Establish Flat Corporate / Business Tax on Business Entities in the United States. Tax All Business Entity Revenue, Domestic and International. Eliminate Existing Tax Deductions and Credits for New Business Entities.
Proposal: 10% Flat Business Entity Tax on Worldwide Revenues for all New Business Entities Conducting Business in the United States. Tax Collected Held in "Lock Box" Account for Ten Years. Interest Payable To The IRS. New Corporation / Business Entity Viable at the End of 10 Years Receives 50% of Tax Withheld. 10% Flat Business Entity Tax on Worldwide Revenues for Existing Business Entities Conducting Business in the United States With a 5% Tax Credit / Year for Ten Years.
All US Citizens Are Subject To Taxation of Worldwide Income. Corporations Are Citizens (SCOTUS)