wealth tax
a while ago i was advocating a wealth tax. it goes like this: figure out your net worth. pay 5% of everything over $1 million to the gubm'nt. that's the rate it would take to balance the current record bloat of a budget. so just for fun i calculated our wealth tax rate to be somewhere between 2% and 4%. a 5% rate would be just fine with me if i didn't have to pay any taxes while accumulating that first million.