Sensible Tax Reform

Sensible Tax Reform-Simple, Just and Effective (STR) offers a truly revolutionary approach to tax reform. -Businesses will be untaxed.-Social Security and Medicare will receive much stronger financial backing.-Most individuals will no longer pay any income taxes.-Estates will no longer be taxed.-A simple broad-based federal consumption tax will be introduced as the foundation of our tax system.-The consumption tax will apply to most expenditures by individuals but will provide critical buffers to ease the impact upon healthcare, housing, transportation, and higher education.-STR will replace the existing tax mess we all hate with a simple, just, and economically dynamic tax system that will reinvigorate American businesses, greatly increase the real income and purchasing power of most Americans, and stabilize the finances of the federal government.