UNIQUE INCOME TAX

UNIQUE INCOME TAX
1.-This tax system is imposed on people by income earned from wages, pensions, interest, rents and capital in general, any income they receive sporadic monthly or persons, except dividends and shares in companies that are declared in the following paragraph. This tax will be determined, withheld and paid by the payer of such income by the following calculation table.
MONTHLY TAX TABLE ONE
U.S. $ 0.00 to U.S. $ 10,000.00 FREE
$ 10,000.01 to $ 20,000.00 x 0.10 - 1,000.00 = 1,000.00
$ 20,000.01 to $ 30,000.00 x 0.20 - 3,000.00 = 3,000.00
$ 30,000.01 to $ 60,000.00 x 0.30 - 5,000.00 =13,000.00
$ 60,000.01 to .....................x 0.40 -13.000.00 =
2.-Persons who are professionals or self-employment, and persons receiving income from other people, or people who have more than one employer simultaneously paying tribute retained by enterprises, must make an annual tribute in the table in this paragraph. To the owners or shareholders of companies, the annual declaration and determination of the utility tax is the balance sheet, retaining and paying the company the Single Tax to the following schedule of annual calculation.
ANNUAL TAX TABLE ONE
U.S. $ 0.00 to U.S. $ 120,000.00 EXEMPT
$ 120,000.01 to 240,000.00 x 0.10 - 12,000.00 = 12,000.00
$ 240,000.01 to 360,000.00 x 0.20 - 36,000.00 = 36,000.00
$ 360,000.01 to 720,000.00 x 0.30 - 60,000.00 = 156,000.00
$ 720,000.01 to ..................... x 0.40 -156.000.00 =
3 .- The tax base of this tax is earned by individuals or companies more aggregate minus deductions required by law. It eliminates the double taxation that occurs in the global complementary to the consolidation of two or more incomes, and privileges such as tax refund for loss or deduction of the financial year of them in future earnings, and also calculates a "cost necessary "uncapped 30% for salaries, fees and actual expenses without paying a 70% tax per table, to leave the base liquid affects second category, is replaced by a reinvestment APV Voluntary Personal Savings for everyone up to 10% of the taxable amount is deducted from taxed to the table this monthly wages, bank withdrawal with adjustments and interest. This reform eliminates tax asymmetries between corporations and individuals, stimulates the economy, employment, savings and investment. http://twitter.com/cdiazj