If you like this concept, I recommend looking into the FairTax. It is a very well thought out attempt to replace all taxes with a single sales tax. I am a fan

If you like this concept, I recommend looking into the FairTax. It is a very well thought out attempt to replace all taxes with a single sales tax. I am a fan, but even if you are not, the analysis of the situation in the papers at fairtax.org is quite robust and worth reading.