The Commerce Added Tax (CAT): A Bold Strategy to Cut National Debt...

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2024-11-26 23:54:50 -

The Commerce Added Tax (CAT): A Bold Strategy to Cut National Debt Through E-Commerce Transactions

As e-commerce reshapes the global economy, it also offers a novel solution to tackle national debt. The proposed Commerce Added Tax (CAT) is a 3% tax on all internet-based transactions, designed to reduce the national debt while ensuring the digital economy contributes fairly to national priorities. This tax would include a sunset provision, expiring after four years but reinstating...

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