The 9-9-9 Plan

  • 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.