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The 1% is a VAT (value added tax on purchases) not a flat income tax. The VAT would replace an income tax.
Right now, many goods and services change hands with no tax collected. The 1% tax would be for everyone and everything. No getting around it. If money changes hands 1% of it is taxed.
Right now, many goods and services change hands with no tax collected. The 1% tax would be for everyone and everything. No getting around it. If money changes hands 1% of it is taxed.
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