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"Sensible Tax Reform Simple, Just and Effective" ("STR") offers a
truly revolutionary approach to tax reform.
-Businesses will be untaxed. -Social Security and Medicare will
receive much stronger financial backing.-Most individuals will no
longer pay any income taxes. -Estates will no longer be taxed. -A
simple broad-based federal consumption tax will be introduced as
the foundation of our tax system. -The consumption tax will apply
to most expenditures by individuals but will provide critical
buffers to ease the impact upon healthcare, housing,
transportation, and higher education. -STR" will replace the
existing tax mess we all hate with a simple, just, and economically
dynamic tax system that will reinvigorate American businesses,
greatly increase the real income and purchasing power of most
Americans, and stabilize the finances of the federal government."
"Sensible Tax Reform Simple, Just and Effective" ("STR") offers a
truly revolutionary approach to tax reform.
-Businesses will be untaxed. -Social Security and Medicare will
receive much stronger financial backing.-Most individuals will no
longer pay any income taxes. -Estates will no longer be taxed. -A
simple broad-based federal consumption tax will be introduced as
the foundation of our tax system. -The consumption tax will apply
to most expenditures by individuals but will provide critical
buffers to ease the impact upon healthcare, housing,
transportation, and higher education. -STR" will replace the
existing tax mess we all hate with a simple, just, and economically
dynamic tax system that will reinvigorate American businesses,
greatly increase the real income and purchasing power of most
Americans, and stabilize the finances of the federal government."
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