The Universal Tax Code: How CBDCs Will Revolutionize Taxation by Don Jayamaha Jr. is a visionary exploration of how Central Bank Digital Currencies (CBDCs) and blockchain technology can transform our outdated tax systems. This groundbreaking book proposes a universal, transaction-based tax that eliminates the need for traditional tax filings, audits, and bureaucratic tax authorities. Inspired by Bitcoin's automated fee system, the Universal Tax Code offers a fair, efficient, and transparent way to fund government services. Discover how this innovative approach can: * Simplify tax collection through real-time deductions on every digital transaction. * Create fairness by closing loopholes and ensuring everyone contributes equally. * Capture revenue from untaxed sectors like the shadow economy. * Adapt dynamically to economic changes, balancing budgets without political intervention. * Boost government efficiency by reducing administrative overhead. With a clear and accessible style, Don Jayamaha Jr. explains the mechanics, benefits, and challenges of implementing a CBDC-powered tax system. The Universal Tax Code is a must-read for policymakers, economists, technologists, and anyone seeking a fairer, simpler future. If you've ever been frustrated by the complexities of today's tax systems, this book presents a compelling roadmap for change. Join the revolution and reimagine the future of taxation.
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