Americracy
Fair Automatic Simple Tax

Everyone Pays Their Own Share

Gradually Eliminates National Debt

Generates Necessary Revenue

Benefits National and Social Security

Enhances Economic Stability

Prevents Tax Rate See Saw

Increases Trust In The System

What Is "FAST"?

The Fair Automatic Simple Tax Plan "FAST" was designed to pay off the national debt and prevent politicians from skewing the tax code to benefit their wealthy campaign donors — and themselves!

FAST is designed to automatically adjust tax rates to generate sufficient revenue to run the govenment, pay off the national debt over time, prevent the government from borrowing funds from outside sources and waste billions of dollars in debt interest.

How FAST Benefits All Americans:

The KEY To Success

FAST lowers tax rates: 2%-20.5% for individuals and 6.5% for corporations (suggested), eliminates deductions, loopholes, special credits  AND FAST ensures that everyone pays their own fair share.

In addition, FAST includes a temporary Deficit Reduction Rate ("DRR") to gradually, and painlessly, pay off the debt in about 20 years.  The DRR disappears automatically when the debt is paid off.

Our Huge National Debt Burden

Right now, American taxpayers pay about $2.4 billion a day on interest for our $34 trillion national debt.  Unless we change course soon, the debt will rise to $4.5 billion a day in 2034.

The $2.4 billion a day the U.S. pays on debt interest would be better spent on healthcare, education, border and national security!

This Is The Problem

Collectively, those corporations that in fact pay taxes, usually pay less than 1% after deductions — some pay no taxes.

Thus, our government can't be provided with enough revenue to keep the U.S. economy healthy and Americans prosperous.

Of course, those who don't pay taxes don't mind enjoying the many "perks" and freedoms our tax system provides them!

Back To Suggestions

© 2024 Winston Negron - All Rights Reserved