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The book critiques the current US tax code for its complexity and inequity, highlighting how it hinders job creation and investment. It proposes a comprehensive reform that includes eliminating the payroll tax, simplifying personal income tax to focus on individuals, and exempting the first $25,000 of income from taxation. Additionally, it suggests taxing businesses only on dividends rather than profits, promoting reinvestment. The reforms aim to reduce compliance costs and foster economic growth by incentivizing investment and job creation.
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A Modest Proposal to Reform the American Tax System, Mark Gallagher
- Lingua
- Pubblicato
- 2017
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