lose your illusions...

Alright... Understanding that I have no great false hope that anything remotely like this will ever get passed, let us dive in to proposing some sexy new legislation...

What if we eliminated corporate taxes, capital gains, tariffs, and the like while instituting a flat income tax? Nothing new here, right? But what if we made the flat tax rate variable, keyed to actual annual spending plus a percentage for debt reduction or savings?

Essentially, we create a system where the tax burden is shared equally and encourage growth. But beyond that we de-incentivize federal spending, and especially deficit spending. And the taxpayers reap the benefits. The less Congress spends, the more money each of his or her constituents takes home to use productively.

Just a thought. Other than that Congress would never actually pass such laws, what do you think?