TIOL-DDT 1654 · Tuesday, 19 July 2011 · story 5 of 5

Just have one Tax

Dr. Laurie Roth, an American Columnist wrote yesterday,

We must have a total paradigm shift in taxation, not another tax decrease or increase that only touches the surface and kicks the can down the road. We must introduce a 2% consumption tax and stop all other tax, including Income tax, excise tax, capital gains tax, payroll tax, gas tax, property tax and whatever tax is sneaking around. It is high time for just a 2% consumption tax. This would bring in 10-20 trillion dollars a year, liberate the people from the IRS and Government controls, while giving us enough money to take care of our real priorities and debt.

Can't we think of something like that?