How do we

build a nation

that's a better

place to live for everyone?

The answer will surprise you!

Listen to the Intro
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Here's How it Works

Today we tax the $20 trillion per year in income we earn. We should not tax income. We should tax the $7,244 trillion in payments that occur each year instead!

If we taxed payments instead of income, your tax rate would drop to 0.2%, we'd have a $2.6 trillion annual surplus and we could afford the following benefits for all citizens.

Follow Our Progress

The New Benefits We Can Afford

Basic Income

We could pay every adult citizen in America a basic income of $24,000 per year, which would increase to $30,000 at age 70.

Earned Income Credits

We could provide earned income credits to increase the income of citizens earning less than $30,000.

Basic Healthcare

We could provide free basic healthcare for all citizens.

Free College

We could provide a free college education for everyone.

Banking 2.0 

We could implement Banking 2.0, funding startups, cutting the cost of mortgages, and profiting from international finance.

Calculate Your Personal Benefit

Use the button below to see how much the act would improve your bottom line.
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See How Others Would Benefit

Scroll the slide show below to see how six families fare.

How the Math Works

The table below shows the cost of the above benefits. 

The table below shows the new budget with the above benefits. With a 0.2% payments tax, we'd eliminate the need for income and FICA taxes, and we'd have a $2.6 trillion budget surplus.

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Scott Smith is the author of The Emerging Kingdom.


© 2021 The Foundation for a Better Economy

A tax exempt 501(c)3 foundation