The current tax system has been a monumental failure and it hinders Anerica's growth. Nations around the world have lowered their tax rates and are yeilding impressive results. America has fallen behind.
Households would receive a generous exemp*tion based on family size. For instance, a family of four would not begin to pay tax until its annual income reached more than $30,000. This is labor income only and one would not have to report interest, dividends, etc.
Anyway, you should not reject the idea before you research it, but I doubt you would.[/QUOTE
Which "nation around the world" has reduced its taxes and is better off than the US, and for what impressive results?