I think you're on to something there - Senior Creditors are we the people through the SS Ponzi fund. Then everyone else, politicians and foreign gov't last. Reduce the gov't to what can be funded by the NRST. No income tax ever legal again.
This idea is worth developing.
That would screw retirees, hard.
Taxed to the max during all their income-earning years, they retire on much smaller incomes, just in time to walk face-first into a VAT/NRST tax calculated to support the entire weight of the Government, on top of their state sales taxes, which is imposed on every dollar they spend for their subsistence.
That's a retirement tax designed by sadists.