By the Order of the President for a Day
Executive Order No. 22625.1
Establishing a New Flat Tax System with Tariffs, Corporate Sales Tax and Federal Sales Tax Distribution
Download XOBy the authority vested in me as President For a day, I hereby order the following:
Section 1. Purpose
To streamline and simplify the nation’s tax structure, this Executive Order establishes a new flat tax system composed of three key components: tariffs on imported goods, corporate sales tax, and a federal sales tax system. This reform is aimed at improving the nation’s financial sustainability, enhancing equity, and promoting economic growth through simplified taxation methods that are transparent, fair, and efficient.
Section 2. Tariffs on Imported Goods
(a) Implementation of 10% Tariff: Effective immediately, a 10% tariff will be imposed on all imported goods entering the United States from foreign countries. This tariff will encourage domestic production, create jobs, and protect American industries from unfair foreign competition.
(b) Revenue Allocation: The revenue generated from this tariff will be collected by the U.S. Customs and Border Protection and deposited into the federal general fund to help reduce the national debt and support infrastructure projects to improve American industries.
JOIN THE XO DISCUSSIONSection 3. Corporate Sales Tax
(a) Imposition of a 10% Corporate Sales Tax: A flat 10% sales tax shall be applied to the total sales revenue of all corporations, regardless of their size or scope of operations. This tax is designed to be simpler, more predictable, and fairer across industries.
(b) Revenue Distribution Based on Corporate Headquarters: The collected corporate sales tax revenue will be allocated to each state based on the location of the corporation’s headquarters. Each state will receive an equitable share of the revenue in proportion to the number of corporate headquarters registered within its jurisdiction. This aims to provide states with additional resources to support their local economies and development programs.
Section 4. Federal Sales Tax System
(a) Federal Sales Tax of 10%: A 10% federal sales tax will be applied to all consumer goods and services sold within the United States. This tax is designed to be simple, transparent, and easily understood by consumers.
(b) State Allocation: Out of the total 10% federal sales tax collected, 5% shall be distributed to individual states. The allocation to each state will be based on their respective level of consumption as reported by state revenue agencies. This ensures that states with higher consumer activity receive a proportional revenue sharfe, supporting their budgets and public services.
Section 5. Administration and Enforcement
(a) Implementation and Oversight: The U.S. Department of the Treasury, along with the Internal Revenue Service (IRS), shall be responsible for the implementation, collection, and oversight of the tariffs, corporate sales tax, and federal sales tax. The Treasury will establish clear guidelines and regulations for administering this tax system.
(b) State Cooperation: Each state’s revenue department shall cooperate with federal authorities to ensure accurate tax reporting, collection, and distribution. States will work with the IRS to verify consumption levels and corporate headquarters information to ensure the equitable distribution of funds.
(c) Audits and Compliance: To ensure compliance and fairness in tax collection, the IRS shall conduct regular audits of corporations, importers, and retailers. Any violations of tax reporting or non-payment will be subject to penalties and corrective action, as established by the Treasury Department.
Section 6. Legislative Actions and Review
(a) Legislative Support: The administration will work with Congress to ensure that the necessary legislative changes are made to fully support this new tax structure, including any needed modifications to existing tax laws.
(b) Review and Evaluation: A task force will be established within 180 days of this order to evaluate the effectiveness of the new tax system and recommend adjustments. This task force will comprise representatives from the U.S. Department of the Treasury, the IRS, state governments, business leaders, and economic policy experts.
Section 7. Severability
If any provision of this Executive Order is found invalid or unenforceable, the remaining provisions shall remain in full force and effect.
Section 8. Government’s Commitment
By issuing this Executive Order, we reaffirm the government’s commitment to transparency, accountability, and fairness in serving the people of the United States. These reforms will foster a more dynamic federal workforce and ensure that employees at all levels remain responsive to the nation’s evolving needs.
Section 9. Effective Date
This Executive Order is effective immediately upon signing
President for a Day