Rethinking Taxation: Implementing the Automated Payment Transaction Tax for Economic Equity
Subtitle: A Pathway to Universal Basic Income and Sustainable Societal Welfare in an Automated Economy
Boris (Bruce) Kriger · Follow Published in BUSINESS EXPERT NEWS ·4 min read·8 hours ago Abstract The current taxation system in many developed countries is characterized by complexity, inefficiency, and inequity, leading to widespread tax evasion and societal discontent. This article proposes the implementation of an Automated Payment Transaction Tax (APT Tax) as a revolutionary approach to taxation. By taxing the movement of money rather than individual incomes, this system could automate […]
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