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goobster · 3161 days ago · link · · parent · post: As a nation, what is the best way to tax my citizen?
5% tax taken out of every paycheck. 10% tax on every capital gain. (Sell $1000 of stock? Pay $100 in taxes.) This has the added benefit of there being no "Tax Day" April 15th (yay! my Mom gets her birthday back!), and no tax preparations, etc. Cash transactions are still on an honor basis, of course, but the big purchases - houses, cars, etc - can be easily tracked and discovered in an audit.