strategy

Establishing peace tax fund

Description:

A peace tax permits taxpayers conscientiously opposed to participating in war to have their income, estate or gift tax payments spent for non-military purposes only. The percentage of an individual's taxes equalling the current military portion of the federal budget would go into a special trust fund, called the Peace Tax Fund. Money in this fund would be allocated to humanitarian governmental programmes.

Implementation:

A Peace Tax Fund Bill was introduced in US Congress in 1972. Support in Congress has grown since its inception.

Values:
Peace
Overtax
Subjects:
Funds
Commerce Taxation
Type Classification:
E: Emanations of other strategies
Related UN Sustainable Development Goals:
GOAL 12: Responsible Consumption and Production