With a zero percent tax rate, government bonds have no value, the dollar has no value, no government exists, capital flows elsewhere, and the economy becomes non-existent. Now you are taking "voodoo economics" to ridiculous extremes.
Doesn't the government have anything to back the bonds with, lets say 70% of Nevada? How about all that land/oil in Alaska? Gotta be worth something.
Help me out, please. I'm trying to pin your politics down and can't quite do it. You seem afraid of the debt, so I thought you were a bit of a Perot fan, now I'm not so sure.
Reagan democrat??
If I knew better where you were coming from, I might know better how to argue with you.