Enact a bill in congress to implement a 10% tax on all gross income in excess of $20,000, for individuals, private companies, and corporations with no deductions allowed.
Why is this important?
A simple solution to the debt crisis is to implement a 10% income tax on all gross earnings for individuals, private companies, and corporations. This is fair and affordable for all. No more deductions or loop holes. No more tax dodging. The $20,000 threshold would benefit those living at the povery level.
Many economist have proposed this solution.
NOW IS THE TIME TO IMPLEMENT IT!!!!!!!!!!!!!!!!
