the NEW tax system....
the tax system in this country needs a full makeover.... it is far too complex.... far too complicated.... far too expensive to operate.... and very very unfair....
eye will simplify the system.... make it fair.... AND.... greatly reduce the total cost to operate the system....
eye will implement a flat tax.... you will pay the same RATE whether you make ten dollars or ten billion dollars....
implement a tax on unrealized gains.... people will pay taxes on thier increase in assets.... whether they sell the asset or hold on to the asset....
eliminate the corporate tax.... it is a double taxation on investors.... it is unfair.... and.... it discourages investing....
eliminate ALL loopholes....
implement a billing system.... so that we can free up individuals.... tax attorneys.... and tax accountants.... and.... irs agents.... to be able work on something that is actually necessary.... something that will grow the national pie....
my CURRENT philosophy.... it is always subject to change.... my CURRENT philosophy.... you should only tax two things....
income....
AND
externalities....