We will probably end up with a consumption based tax at a more realistic level, perhaps a straight 8-10% without all the inclusive rate bs and prebates, probably excluding only neccessities like food and housing. Coporate income tax, capitol gains tax, and taxes on those earning under 40K could be eliminated. We could then go to a flat income tax of somewhere in the neighborhood of 20% for those earning more than $40K, and reduce the SS tax down to something like 5%.
Wow!
I am impressed. In mere seconds you posted the entire -- and might I add, perfect -- solution to the tax problem and you were able to do it in one paragraph. /sarcasm
No research. No studies. Just conjecture and guesswork based on nothing.