Guest Post by Mark Acciard
Let’s get the labels out of the way FIRST; It is a FLAT TAX!
Now on to the Details;
A Flat 18% income tax. No loopholes, deductions, carve outs, No ways for crooked politicians to craft new tax policy specifically for their donors. Only a generous personal exemption of $10,000 per taxpayer, and $5,000 per dependent. THAT’S IT! OH, and if you end up with zero tax liability, or less than $500.00, you MUST pay the MINIMUM tax of $500.00. EVERYONE must have skin in the game. Everyone benefits from society, therefore everyone must contribute.
For Businesses it is ALSO simple. a Flat 18% tax on net operating profits.
Now to the numbers.

