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Tax Wealth and Not Income

Created by M.F. on November 28, 2012

Abolish all income and payroll taxes and replace them with a tax on all assets in excess of 1 million dollars. This will encourage investment while stimulating the economy, putting dollars into the hands of middle and lower income folks creating a demand for more goods and services. This would also greatly reduce the complexity of the tax code and tax code enforcement.

Budget & Taxes
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