The revenue neutral 9-9-9 plan would replace all current taxes, including the payroll tax, capital gains tax, and the estate tax and taxes on repatriated profits. The plan would establish the following:
- A 9% corporate flat tax. Businesses would deduct purchases from other businesses and all capital investment. The resulting gross income is taxed at 9 percent.
- A 9% personal flat tax. Individuals would deduct charitable contributions, then pay 9 percent on the rest of their income. Capital gains are excluded.
- A 9% national sales tax. This levy would be placed on the consumption of all new goods. Used goods purchased would be excluded.
The political class has divided and abused us for decades with the current tax system. United, we can take our government back.
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