PLEASE HELP SPREAD THE WORD
TAX THE GREEDY, NOT THE NEEDY.
1. Reduce income tax on people earning less than $75,000 per year to ZERO.
2. Provide a $1,000 tax credit to all citizens who can document that they are registered to vote and participated in an election during the tax year.
3. Reduce income tax on sole proprietor businesses (entrepreneurs) earning less than $75,000 to ZERO.
4. Institute a negative income tax to lift all citizens above the poverty level. A negative income tax is an extension of the progressive tax system designed to help those with low incomes who would receive monthly payments from the IRS to supplement their below poverty-level income. Ultimately, this simple cash payments system could replace many other, more complicated social welfare systems.
5. Increase corporate marginal tax rates (make them "progressive").
6. Incentivize certain corporate activities such as job creation (number of employees and average wage) and re-investment of profits back in permanent infrastructure associated with their business (green energy, conservation).
7. Offer lower taxes to businesses that convert their corporate structure to become benefit corporations.