America’s leaders must enact a simpler form of taxation:
If income tax is to be the basis for government revenue, then there can be no logical argument against a FLAT RATE TAX.
Far better, though, is the concept of a National Sales Tax. In this scenario, there would be NO OTHER form of Federal taxation – no income tax, no estate tax, no capital gains tax, no excise tax. This would be a nominal Federal sales tax on all goods and services except food, medical care, and education.
Such a system would encourage savings by taxing only on money spent. It would also tax:
- criminals,
- the super-rich,
- the criminal super-rich,
- lobbyists,
- politicians,
- pirates,
- paupers,
- poets,
- aliens – legal, illegal and space,
- tourists,
- and tax attorneys
all on an equal footing with wealthy, middle-class and poor Americans everywhere.