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If you are going that route, check into the FairTax idea. Basically, replace income tax (and others) with a simple federal sales tax system in the 30% range. En
by lsaferite 10y ago
If you are going that route, check into the FairTax idea. Basically, replace income tax (and others) with a simple federal sales tax system in the 30% range. Enforcement narrows to businesses and rates aren't determined by income. States get a portion of the tax in exchange for enforcement. Poverty level spending gets a tax rebate (prebate in that plan) to not tax a certain amount. Interesting ideas from my POV, but I'm not an economist.