Just get rid of the income tax. Be done with it.
I totally agree. And I support the Obama plan to tax net worth. People like Warren Buffet who are eating on golden dinner plates ought to pay more. The 'net worth' tax where a wealthy person pays 10% of his/her net worth each year until they are penniless is the way to go. Just think of it, no more wealthy rock stars or movie actresses. John Travolta's airport would belong to the people and he can eat at the soup kitchen. With the net worth tax in place, the excess dollars can be redistributed to those who would vote democrat in all future elections ( as long as they have money to eat and gamble at the nearest casino and that their kids all get chicken nuggets for lunch at school ).
Bottom line ---- the net worth tax would be quicker and less painful to get to a fully socialistic state. Might as well lay back and enjoy it....
sarc/off