I am intrigued with the idea of a consumption tax. The rich would pay far more because they of course spend much more. No tax on food of course and don't double tax, so no tax on used items. I think it would give many that need it tax breaks, and give more opportunities for those who want to save and invest the opportunity of doing so because it would encourage saving. That was the one idea I really liked that Huckabee was pushing when he ran for president of few years back. I forget how many billions I think it was said at the time that would not be sucked out of the economy by eliminating the expenses that filing traditional taxes currently cost Americans and American companies. It also would basically eliminate the need for the IRS ( well except that they now are supposed to enforce Obama Care), but that is another topic for discussion.



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