Howard Roark: phone home, John Galt is looking for you - Ayn
On a more serious note, how about this for a tax system:
(A) a national value added tax (VAT) applied to all services and goods as in Europe. This would increase the price of goods and is thus a tax on consumption, as in a more sophisticated sales tax. Wealthy CONSUMERS would bear most of this cost while SAVERS would not.
(2) A flat tax at a nominal rate with the first $25k per household exempted.
Combine the two and you have a system that reduces taxes on INCOME while increasing taxes on CONSUMPTION. It also encourages savings to counter our dismal national savings rate and impending retirement funding crash. I'm also surprised that fellow "environmentalists" are not all over this, since excess mindless consumption is the root of most environmental problems.
Discuss.