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The American Tax Plan for the 21st Century

Mike Martz has proposed The American Tax Plan for the 21st Century:

  • The Goal: To develop a tax plan that replaces the Federal Income portion of Federal revenue.
  • The Guidelines:
    • Fairness: something missing from the current system
    • Efficiency: reduce compliance costs
    • Behaviorally Neutral: Not another Luxury Tax fiasco!
  • The Answer: A three prong solution that meets the above criteria that is based upon:
    • Spread the pain wide and thin
    • All that benefit from our great economic engine should help support that engine

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