Showing posts with label fair tax policy. Show all posts
Showing posts with label fair tax policy. Show all posts

Monday, July 14, 2025

Replacing Income Tax with a National Sales Tax: A Fairer, Simpler Future for All American

 

National Sales Tax Plan – “Fair Tax for All”

✅ Core Goals:

  • Eliminate federal income tax on individuals

  • Keep corporate taxes intact

  • Implement a national sales tax starting at 15%

  • Ensure fairness by shielding vulnerable populations


🛡️ New Safeguards for Seniors & Low-Income Americans

1. Monthly Prebate (Refund) Checks

  • Based on family size and local poverty thresholds

  • Covers basic necessities like groceries, rent, utilities, and medicine

  • Sent automatically each month to all Americans below the poverty line and seniors on Social Security

Result: The tax burden on essentials is neutralized for those who can’t afford it—keeping the system progressive


2. Zero-Tax Categories

These purchases would have a 0% national sales tax:

  • Groceries (WIC/SNAP-eligible items)

  • Prescription drugs and medical equipment

  • Rent/mortgage up to a capped threshold

  • Health insurance premiums

  • Public transportation, utilities, and child care

Result: Everyday survival costs are not taxed


3. Seniors’ Protection Clause

  • Any senior (65+) on Social Security would be:

    • Automatically eligible for the prebate program

    • Exempt from sales tax on healthcare and housing

Result: Seniors won't be penalized after a lifetime of work


4. Small Business Relief & Local Credit Program

  • Small businesses that collect and remit the new sales tax will receive:

    • Quarterly federal tax credits

    • Free software and training to simplify compliance

Result: Encourages small business growth, not red tape


5. Flat Cap on Big Purchases

  • Homes: National sales tax capped at $12,000

  • Vehicles: Capped at $3,000

  • College tuition: 0% tax

Result: Big life purchases stay within reach


📈 Why This Still Works

  • Captures untaxed cash: Underground economy, illegal trades, and tax cheats will now contribute

  • Revenue grows with consumption: As the economy grows, so does tax revenue

  • Lowers audit risk: Simpler system with fewer loopholes


🗳️ Selling It to Voters (Campaign Blog + Facebook Post)

Let me revise the full blog post and Facebook version now to reflect this new, protection-enhanced Fair Tax plan—unless you want to tweak anything else first.