Business, Management and Accounting
4 years ago

Revolutionary Pay-As-You-Go Income Tax Plan Set to Transform Economy

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The Bulletin of the National Tax Association
THE PAY-AS-YOU-GO INCOME TAX PLAN
Beardsley Ruml

Paper Summary

The article discusses the Pay-As-You-Go Income Tax Plan by Beardsley Ruml. The main goal is to present a new approach to income tax. The key findings suggest a shift towards a system where taxes are paid as income is earned, rather than in a lump sum at the end of the year. This plan aims to simplify the tax process and make it more manageable for individuals.

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