To: President Donald Trump, The United States House of Representatives, and The United States Senate
Effective Tax Rates of 20%
I support federal, state, local (county and city) tax code re-writes that exempt those making less than $ 20,000 per year adjusted gross income (couples less than $ 40,000 per year AGI) from tax, and setting a new effective tax rate for everyone at 20%. Taxation must become fair in America.
Why is this important?
"In America, you get food to eat
Won't have to run through the jungle and scuff up your feet
You just sing about Jesus, drink wine all day
It's great to be an American" - Randy Newman, Sail Away.
But, we don't all pay the same taxes. What if we did and the limit to taxation, including all value added, state, local, city, and federal taxes were 20% of our
adjusted gross income? The wealthy would pay more, the poor would pay more, and there would be more equity. Singles under $20,000 AGI and Couples under
$ 40,000 AGI, no tax, from anywhere.. (except VAT).
Wouldn't that make America equitable? Even Corporations could do this and the Treasury would bulge.
You are welcome to analyze it. It is incredibly fair and make's the other sides plans look like plans of fools.
We must become a fair country again. Taxing fairly will make us strong!