Create a proposal for where the revenue would be derived if the U.S. were to adopt a zero income tax model. In your response, provide specific recommendations concerning the following:
- The proposed tax base.
- Whether or not tax payers at certain income levels should be exempt from taxation.
- The primary way in which the IRS would calculate the tax rate in order to ensure that the same level of tax revenue would still be collected.
- The primary way in which your plan will achieve equity.