Establishing peace tax fund


Description

A peace tax permits taxpayers conscientiously opposed to participating in war to have their income, estate or gift tax payments spent for non-military purposes only. The percentage of an individual's taxes equalling the current military portion of the federal budget would go into a special trust fund, called the Peace Tax Fund. Money in this fund would be allocated to humanitarian governmental programmes.

Implementation

A Peace Tax Fund Bill was introduced in US Congress in 1972. Support in Congress has grown since its inception.


© 2021-2024 AskTheFox.org by Vacilando.org
Official presentation at encyclopedia.uia.org