Wednesday, December 24 2008, 7:47 pm


I've got an idea for resolving the tax problem -- one that would kill two birds with one stone.

Cancel the income tax, and implement a sales tax. Extend it to services as well as good, but don't let it affect food, water, housing, medical care, education, and so forth.

Sure, I would hate to have a service tax slapped on the services I provide professionally, but really, I'd much prefer it to income tax.

(We just have to orchestrate a way to do it without BOTH taxes sticking. This means ELIMINATE the income tax completely, FIRST. Then proceed.)

Then set the sales tax as a standard, easily calculable number. !5% is much too hard. 10% is good. Then, and here comes the GREAT part, make any cents calculated into the tax ROUND UP. Yes, to the next dollar amount.

Is your item $1000? Then the tax is $100. Is it $999.99? Then the tax is $100. Simple.

Now companies have an incentive (for their customers' benefit) to put REASONABLE prices on their items.

You saw it first here.




categorized as fiscal policy



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