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[–] Khemyst 0 points 1 point (+1|-0) ago 

I like the idea of a consumption tax- so 'larger' consumers would pay more taxes, in buying "more stuff", whether its property, posessions, etc..

Savings and earning on savings should not be penalized, because inflation also nibbles at the value and its a "theft tax", simply by trying to keep up with inflation!

Then again, when selling stocks, or property, the "net gain" on the assett should also be factored for inflation to knock off the value of the asset simply due to inflation!

I've always said that Americans need to fill out their income tax forms either a week or two before or after elections! Elections should have consequences!! Anyone using the Fed to 'bank' on refunds should also have to pay a 'holding tax' to be encouraged to use a savings account instead of using the Federal government for refunds.!!

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[–] 17630801? ago 

Great post!