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Link to US House of Representatives

The Citizens Tax Bill of Rights – 

NOW TAX – Broad Base “Pay-As-You-Go” Flat Sales of Goods and Services, 

and Financial Transactions Tax System!

To be clear no one will dispute the need to pay taxes to fund the states’

and the nation’s infrastructure and essential services. 

            It is undeniable and impossible for the current income tax system to collect enough taxes to keep up with the needs of our nation. Ever-larger demands for infrastructure and government services will require a tax system that collects enough taxes to balance the budget, pay down the debt, and while benefiting the economy.

     Think of the United States as an Infrastructure Economic Superhighway - Toll Road. Every day millions of people, businesses, organizations, and enterprises (all segments of the economy) get on this toll road to generate trillions of dollars in sales of goods and services, and financial transactions. And like a toll road, all people, businesses, organizations, and enterprises using it must pay-as-you-go that fee or tax. This broad base of sales of goods and services, and financial transactions when divided into the cost of the Infrastructure Economic Superhighway - Toll Road creates the toll rate. Because of the broadest base possible, the toll/fee/tax rate* will be the lowest possible rate of any other tax system (estimated 1-2%). For the first time, all segments of the economy will pay taxes for only their portion of the usage of the toll road. For citizens to get the maximum benefit from this toll road-style tax system it is necessary to replace all other tax systems. NOW TAX – Broad Base Sales and Transaction Tax System is inevitable to start to pay down the debt and stop deficit spending while lowering taxes for economic growth and individual prosperity.

*The actual rate is estimated at 1-2%, however, no one has ever calculated the Total Economy of Sales, Services, or Financial Transactions (TESST).

Just pay as you go, buy a candy bar and coke, and you have paid your taxes!

NOW TAX is a new, modern, efficient, simple, 1-page tax system that guarantees all segments of our economy will be able to compete evenly in the pursuit of the American Dream. NOW-TAX System will ensure a pro-growth economy, so all citizens may obtain more wealth and prosperity. It is so simple the whole tax amendment fits on one page.

NOW-TAX will replace 6871 pages of federal tax code, it is like having "No Tax at all!"

NO FORMS • NO DEADLINES • NO FILINGS • NO WITHHOLDINGS • NO PENALTIES

NO HASSLES • NO WORRIES • NO OTHER TAXES

NOW-TAX is the first and only automatic, Pay-As-You-Go, Broad Base - Sales of Goods and Services, and Financial Transactions Tax system. A new, modern, efficient, simple, tax system that guarantees all segments of our economy will be able to compete evenly and fairly. NOW-TAX 1% Flat Broad Base Sales/Transaction Tax System will ensure a pro-growth economy, so all citizens may obtain more wealth and prosperity. A tax system that will stabilize our economy and strengthen the US Dollar. It is so simple the whole tax amendment fits on one page. (See proposed legislation Bill/Amendment)

​NOW-TAX is like having "No Tax at all!"​

 

 

The Now Tax Broad Base Sales/Transaction Tax Formula™... A neutral, non-regressive, non-progressive, apolitical, nonpartisan, sole/single system.

  1. Only one tax system with the least amount of rules, regulations, and laws. 

  2. NOW TAX equally/fairly spreads the cost of the federal budget (infrastructure, government expenses, entitlements, and benefits) over "All Segments Of The Economy". Using the largest common denominator-the broadest base possible (all/total sales of goods, services, and financial transactions of all segments of the economy) will be divided into the federal budget to determine and create the lowest possible tax rate so to have as little or no negative effect on the economy. 

  3. The largest common denominator means the broadest base possible, all sales of goods, services, and financial transactions from All Segments Of The Economy: all citizens, non-citizens, consumers, organizations, enterprises, and businesses. (Excluding internal financial transfers of personal or business transactions).

  4. The providers of the goods, services, and/or financial transactions will collect the NOW TAX rate from the purchaser/s, upon deposit at a Federal Bank the rate will be automatically deducted and then sent to the U.S. Treasury.

NOW TAX Broad Base Sales/Transaction Tax is not a VAT Tax, Income Tax, Consumer Sales Tax or Property Tax.

NOW TAX - Overview

  1. The sole and only tax collection system for "All Segments of the Economy". No other taxes.

  2. The lowest tax rate possible.

  3. The easiest tax to administer and collect, with the least number of rules, laws, and regulations. A fee-based, pay-as-you-go tax system.

  4. A tax system that spreads the tax burden evenly and fairly across all citizens, non-citizens, businesses, enterprises, and organizations. A tax system that never singles out any one segment of the economy.

  5. A tax that creates maximum cashflow for the economy.

  6. A tax that will collect enough funds to maintain a balanced budget.

  7. A tax that eliminates the underground economy.

  8. A tax that will start to pay down our national debt.

  9. The first tax system to create a Tax Bill Of Rights.

  10. A tax that will unleash the wealth of the United States to be the most competitive economy in the world.

​How NOW-TAX works

1.  Sole and only tax collection system for "All Segments of the Economy" – No other taxes

“Everything should be made as simple as possible...” Einstein

Today, federal and state governments use a variety of taxes to try to keep up with the growing demands of the nation’s infrastructure and government services. Look at the current and proposed list of taxes:

  • Federal Income Tax

  • State Income Tax

  • State Consumer Sales Tax

  • Estate Tax

  • Capital Gains Tax

  • Excise Taxes:

    • Federal

    • State

    • County

    • City

  • Highway Tolls

  • Proposed Gun Tax

  • Proposed Carbon Tax

  • Proposed Wealth Tax

  • Proposed National Property Tax and more...

Why are taxes so complicated? Why are there so many tax systems? The obvious question is; is it possible to have just one simple tax system? The answer is yes!

     A simple, logical solution: take all the tax collection systems and combine them into just NOW TAX. Brilliant! Until now that has never been done or even thought about!

Tried and true, there are nine states that have no income tax (however, they still have property taxes except South Dakota). In these states, most taxes are collected from a simple consumer sales tax. 

     Proof that a sales tax works: states that have switched to consumer sales taxes vs. income taxes are booming and citizens are flocking to them. State sales tax rates are usually under 10% and many states are considering a sales tax vs. an income tax.

     The problem with a consumer sales tax system is citizens/consumers are paying almost all the state taxes, while other segments of the state’s economy are using a large part of the infrastructure and services while paying relatively no taxes.

     After paying state sales tax, state property taxes, and excise taxes, citizens will pay 12-15% in state taxes alone… Then add federal taxes! That could be up to 20, 30, or 40% of your wealth – or more.

     However, the national consumer sales tax sounds like a good idea so far, right? What if the nation adopted a national consumer sales tax system? What would the rate have to be to even come close to paying our federal budget?

     Hold on, the national sales tax rate alone would have to be 20-24% of consumer purchases – wow! This will never work and would slow down consumer sales and put the brakes on our economy. Plus, again, citizens are paying practically all the taxes. The consumer sales tax concept needs to be reworked, but how?

     There is a proposed national progressive sales tax systems limits the tax to just those working citizens above the poverty line. That means an estimated 1/3 citizens pay for all 2/3 citizens’ and all businesses’ taxes. This is the ultimate welfare and corporate tax welfare system! A national progressive sales tax added to state taxes could be 30-45% to be paid by consumers'/citizens’ of their income. That just will not work. So inconclusion, a national sales tax system would not raise enough taxes without severely hurting the economy.

     While VAT tax system resembles a sales tax; the VAT tax system will not work for similar reasons as a National Consumer Sales Tax. NOW TAX breaks the mold and goes beyond a traditional VAT tax. VAT is usually associated with the manufacturing supply chain of gross margins to determine the amount of taxes owed on goods produced. Additionally, the supply change has to file a VAT tax report, and forms and pay directly to the government. The VAT tax at best is revenue neutral, not collecting enough to start paying down the debt. The VAT tax would have to be in the 15-20% range to start to pay down the debt.

So what’s the missing element? A bigger common denominator!

         Think of the United States as an Infrastructure Super-Economic Highway Toll Road. Every day millions of people, businesses, organizations, and enterprises get on this infrastructure Super-Economic Highway generating trillions of dollars in sales of goods, services, and financial transactions. This broad base of all sales of goods, services, and financial transactions divided into the cost of our Infrastructure Super-Economic-Highway creates a toll rate. And like a toll road, all the people, businesses, organizations, and enterprises using it must pay-as-you-go that fee or tax. Because of the broadest base possible, the toll/fee/tax rate* will be the lowest possible rate of any other tax system. To get the maximum benefit for citizens it is time to replace all other tax systems with the NOW TAX – Broad Base Sales and Transaction Tax Amendment.

 

         PROOF: Governor Kristi Noem of South Dakota has a light version of a “Broad Base™” state sales tax system and has eliminated income and property taxes from her state.

*The actual rate is estimated 1-2%, however no one has ever calculated the Total Economy of Sales, Services, or Financial Transactions (TESST™).

"Just think, the next time you buy a candy bar and Coke, get a haircut or perm, buy ink cartridges and paper, lumber, and concrete, you're paying your taxes! Just pay-as-you-go!" (Our original quote from 2013).

 

Food for thought... In our current system, top-earners pay 80-90% of the income taxes; top-earning citizens (like landlords – the top-earning citizens of the United States) are paying most of the rent for the tenants (non-tax paying people, businesses, organizations, enterprises, and government). These groups use a large portion of the infrastructure and services but only pay a nominal 8-10% of the federal tax bill.

2.  The lowest tax rate possible

     All economists agree that a thriving free enterprise/capitalist society should have the lowest tax rate possible – one that will have the least impact on its economy or any single segment of the economy. The only way to get the lowest rate is by spreading the NOW TAX-BROAD BASE NSTT across all segments of our economy.

     How many dollars are exchanged in sales and transactions in the United States each year? What is the "Total Economy of Sales/Services Transactions" (TESST) of our nation?

     No one really knows.  For example, Wall Street averages $460 billion in trade transactions each day! Another wow – and with no federal taxes associated with these sales of stocks and securities!

 

     Tax Foundation reported: In 2018, approximately $90 trillion in stocks and $216 trillion in bonds were traded on U.S. exchanges, according to the Securities Industry and Financial Markets Association (SIFMA).[6]The size of the derivatives market is harder to determine. The Tax Policy Center (TPC) estimated that $1.1 quadrillion of derivatives (in notional value) was traded in 2015.[7] The size of the tax base for derivatives is much smaller when market value is instead considered. Using either measure, the total base of an FTT far exceeds U.S. gross domestic product (GDP).

     With this massive tax base, the FTT would be a substantial revenue source despite a low tax rate. For example, an FTT of 1.0 percent on all securities would raise $7.77 Trillion in revenue over the 10-year budget window, according to the Joint Committee on Taxation (JCT) and the Congressional Budget Office (CBO).

     If you use the TESST (the largest denominator) to divide the federal budget, it is feasible to reach a nominal federal tax rate as low as 1-3% for all sales and transactions. Then, if you add another 1-3% to the NSTT, you could start to pay down our national debt. The larger the TESST more sales and services transactions, the lower the rate of the NSTT.

Food for thought... A benefit of NOW TAX is it tracks the TESST daily. The TESST is the truest/most accurate economic indicator that automatically and daily tracks all economic activities by SIC Code.

 

3.  The easiest tax to administer and collect, with the fewest rules, laws, and regulations (A fee-based, pay-as-you-go tax system)

     Let’s repeat a quote from the previous segment, “Just think, the next time you buy a Coke and candy bar, get a haircut or perm, buy ink cartridges and paper, lumber and concrete, you’re paying your taxes! Just pay-as-you-go!”

Can it be that simple? Yes, and automatic!

     Upon all sales and transactions by ASOE, the provider/reseller will add the low NSSTT rate to the sale or transaction. The provider/reseller then makes their deposits to the bank; the bank automatically deducts the low NSSTT rate. At the end of every business day, the bank sends the collected NSSTT to the Federal Reserve. It is automatic.

The NSSTT has four basic rules or regulations:

  1. ASOE shall have a checking account with a SIC Code

  2. ASOE must make all sales and transactions deposits into the bank using the SIC Code

  3. The federal government shall have a budget cap of $5 trillion or TBD

  4. The NSSTT rate will never go over 5-10% or TBD

 

4. A tax system that spreads the tax burden evenly and fairly across all citizens, non-citizens, businesses, enterprises, and organizations – ASOE – and never singles out any one segment of our economy

     It is the responsibility of every individual and every business to pay taxes/fee to create an economic environment for everyone to have equal opportunity for success. The stronger the economy and the greater the growth in GDP and TESST, the lower the rate will be.

Some experts will argue that NSSTT will create tax pyramiding – a “tax-on-a-tax.” NOW TAX should be looked at as compounding, getting “more bang for your buck.” To be fair, with all the tax systems we use now, there has always been “taxes on top of taxes or tax pyramiding.” If you consider the average of all the taxes together the rate could be up to 60% of some taxpayer's income. Plus considering the offset savings of NOW TAX there is no comparison of validity to the tax pyramiding argument; for example, no matching social security payments to name one.

     Let's try to explain the compounding effect; there are 5 steps in the product production chain: raw materials, manufacturing, wholesale, distributors, retailers, and consumers. If you apply the 1% NSSTT to each step the total tax impact is 3% tax-on-tax/pyramided/compounded rate. The average rate today in Federal taxes is 15-20% depending on the year to top earners. No matter what tax system the taxes need to pay the budget is the same. It is the method used in paying taxes that makes the difference between a truly fair tax or oppressive tax. NOW TAX is the only tax system that maximizes economic cash flow compared to all other tax systems.

The "big tax myth" is that income taxes get passed on to the consumer or increase the price of goods. (Yes, other taxes like sales, property, and excise taxes can be expensed and passed on). Any first-year economics student knows only three things that affect the price of goods, supply, demand, and competition. Expenses are always adjusted to produce goods to face the competition and if expenses are too high you are out of business. Maybe in an unfair monopoly, a business can pass the income tax expenses on, but even then if the price is too high customers are not buying. Lastly, it would be unethical, and probably illegal in many cases especially if you are publicly traded to expense out income taxes. Also, critics that use this logic are calling all businesses cheaters. Taxes directly or indirectly eventually get paid.

Additionally, even if there is an out-of-control tax pyramid scheme, there is a built-in safeguard. The government will only be allowed to collect just enough taxes to pay the budget/expenses. If a tax surplus is created, the rate will be lowered. If enough taxes are not collected, governments will be limited by the law of the rate to never go above the 5% NSSTT rate. Forcing the Feds to live within their budget. Lastly, the offset savings of a streamlined NSSTT system will more than compensate in offsets for any negative effect of tax pyramiding (like an offset of an estimated $500 billion in annual administrative savings over our current systems).

 

5. A tax that is “good for the country” and benefits our economy with maximum cash flow and no negative effect

     The NSSTT system’s low tax rate will benefit, stabilize, and secure the welfare of all citizens, eliminating the need for additional taxes and tax systems. The NSSTT system:

  • will allow for more investment;

  • will better fund government benefits;

  • is a cash system with no more delinquent taxes;

  • will create the maximum cash flow for ASOE;

  • will stimulate foreign investment in the U.S. economy.

     In the first year, NOW TAX would create a greater cash flow for citizens and increase the GDP by 5% or more. It would be like giving citizens a raise. The structure of NSTT is different from an income tax, as you only pay taxes when you make a purchase or receive a service. The current income tax system slows the cash flow of our economy as it takes the taxes off the top.

The NSSTT will create a hyper-competitive U.S. economy. Businesses will benefit as there will be no corporate income tax.

  • No more withholding and complex tax filings; estimated savings of $500 billion a year in administrative costs.

  • The additional cash flow will create increased consumer spending and/or savings.

  • The NSSTT will stimulate more investment in U.S. businesses.

  • Foreign businesses will invest and/or open in the U.S.

 

6. A tax that will collect enough funds to maintain a balanced budget

     The NOW TAX cash system will increase tax collection without crippling our economy.

Currently, our income tax system, estate tax system, capital gains tax system, and federal excise taxes fall short of paying our annual federal budget.

The United States falls short by $500 billion to $1 trillion in tax collection each year, increasing the national debt. Furthermore, with COVID-19 and natural disasters, we have accumulated trillions in additional debt in 2020. 2022 has already seen even more proposed spending in the trillions!

7. A tax that will start to pay down our national debt

     How will we ever pay down the national debt? Under the current tax systems, never!

Now, with the unforeseen expenses caused by COVID-19 and natural disasters, the United States has trillions more in new debt. 2024 is adding even more to our national debt. We have a looming economic crisis. This extreme debt is guaranteed to cause the value of our currency to go down, causing inflation and economic destabilization. The only solution is the NOW TAX NSSTT system to start paying down the national debt.

8. A tax that will unleash the wealth of the United States to be the most competitive economy in the world

     By lowering tax rates to the lowest rate possible, all segments of the economy can focus on their core business with no government intrusion caused by taxes. Shifting the tax responsibilities to ASOE is like adding $3.5 trillion in cash flow to the growth of our economy in the first year.

     NOW TAX will initiate a pro-business, pro-growth economy for all citizens to prosper. ASOE will thrive with increased wealth and millions of new jobs will be created. The United States will be the most attractive economy in the world for foreign investments. New investments in factories and technology will boom.

     The success of our citizens, our economy, and our nation will rely on citizens demanding elected representatives that will unleash the wealth of America with NOW TAX.

​      Putting off our responsibility will only delay the unavoidable: more debt that will nation’s future. The need to collect more taxes is undeniable! It is everyone’s responsibility to pay for infrastructure, government services, and national debt.

     In order to stay competitive and keep growing as the greatest economy in the world, the United States needs a non-partisan, modern, efficient, simple, and automatic tax system that benefits all citizens and all segments of our economy.

The current tax collection systems are like an old suit we’ve finally grown out of – it’s time to get dressed for success!

9. The First Tax System To Create A Tax Bill Of Rights Amendment

"Property and wealth are Rights, and Rights cannot be taxed." Anonymous

It is long overdue a Tax Bill Of Rights.

  • The Declaration of Independence guarantees to protect Life, Liberty, Property, and Individual Sovereignty. It is now time for a Citizens Tax Bill of Rights.

  • Citizens demand that the burden of taxes be equally and evenly spread across all segments of our society.

  • Just one tax system a Broad Base - National Sale of Goods, Services, And Financial Transactions Tax.

  • Never again shall Income, Property, and Wealth be Taxed.

  • Taxes will never punish, penalize, or incarcerate any Citizen.

  • Taxes will never invade the privacy of Citizens.

  • Taxes will be the lowest tax rate possible to have little or no effect on our economy.

  • Taxes will be limited to the least amount of laws, rules, or regulations.

  • No forms, no deadlines, no penalties, no hassles, no worries, No other taxes.

 

The "transition" from income tax to NOW-TAX

The transition will be quick and easy, as the collection infrastructure is already in place – the banking system.

  1. Notify all banks of collecting NSSTT rate of all sales and transactions deposits

  2. Forward the collections to the U.S. Treasury

  3. Calculate the tax collections to ascertain the total of taxes collected

  4. Adjust the tax rate up or down to the percentage of sales and transaction taxes collected to start phasing out all other tax systems

 

Example: For every 1 billion dollars collected from NOW TAX, the income tax rate is lowered by 0.01% point. If we collect $1 trillion in NOW TAX - approximately 25% of the $4 trillion federal budget – then the income tax rates would be lowered by 10% across the board. This is just an example; the income tax rate percentage will have to be calculated for exact enumeration.

 

The NOW TAX is the first and only "Broad Base Sales and Transaction Tax System™" that can be applied to all levels of government: Nations, States, Counties, & Cities. The first emancipation from oppressive taxes on Income, Property or Wealth.

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