Comment: I suggest that the income tax be replaced by either; a) a flat rate tax on corporate revenues(not income) with no tax of any kind on individuals OR b) a very small fractional percentage tax on all foreign currency transactions involving US dollars. If government revenues were solely dependent on the currency tax, the US would become the world's biggest and preferred tax haven with resulting tremendous inflows of capital and domestic savings would be boosted from the retained income that currently is paid in income taxes. Dietmar Wehr |