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About: Unitax     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:PsychologicalFeature100023100, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatBasicFinancialConceptsyago:Abstraction100002137yago:Cognition100023271yago:Concept105835747yago:Content105809192yago:Idea105833840yago:PsychologicalFeature100023100 New Facet based on Instances of this Class

Unitax ("unified national indirect taxation") is a system of national revenue (complemented by - "unified local indirect taxation") based on non-monetary, energy value, units of assessment. Thus a revenue of £x or $y per gigajoule of primary energy entering any given economy can phase out all other taxes and raise revenue which is continuously, automatically and with hardly any paperwork, geared to standard of living, income and property. Essential safeguards are outlined in the "Resource Economics Proposition".