1. Global strategies
  2. Establishing peace tax fund

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.

Broader

Establishing
Yet to rate

Constrains

Value

Peace
Yet to rate
Overtax
Yet to rate

Web link

SDG

Sustainable Development Goal #12: Responsible Consumption and Production

Metadata

Database
Global strategies
Type
(E) Emanations of other strategies
Subject
  • Commerce » Funds
  • Commerce » Taxation
  • Content quality
    Presentable
     Presentable
    Language
    English
    Last update
    Mar 18, 2019