Banana Republic

Federal Tax System

It shall be adopted that:

The Banana Republic's National Philosophy regarding taxation is one of it being a necessary evil,  and not a means by which a select group may enrich themselves.

National:

I propose that:

Any country wishing to export to the Banana Republic shall pay a tariff to the Banana republic, on said exports, equal to their import tariff levied on goods and/or services imported to that country from the Banana Republic.

RE:

If Tasmania levies a 10% tariff on Widgets made in the Banana Republic, then Tasmania will pay a 10% tariff on any of it's exports to the Banana Republic.

I propose that:

In lieu of a national income tax the Banana Republic will impose a 10% Value Added Tax, to all items manufactured, imported, sold, or transferred through any and all companies, entities, businesses, or services operating in or licensed through the Banana Republic.

I propose that:

Individual counties, cities and municipalities located in or governed by the Banana Republic, will determine their respective tax systems, and limits.

I propose that:

Property taxes shall be determined by local control with no agency above the county level to receive funds from, or have jurisdiction over said tax revenue.

I propose that:

Any attempt to alter or change the tax codes of the federal, state, county, city, or municipality shall require a vote of 57% in the affirmative.

Submitted by: Erling Troswick