I would like to introduce everyone here to the Fair Tax Proposal which can be viewed in it's entirety at Americans For Fair Taxation: Americans For Fair Taxation and is the best solution for our current tax crisis. The proposal, in a nutshell, eliminates the I.R.S. and institutes a national sales tax which is inclusive of all state and local taxes. This takes away all of the loopholes, the hidden accounts, under-table dealings and every other way people have used to hide income and not pay taxes on it and makes the system fair for all involved. It also places tax burden on the drug dealers, prostitutes, money launderers, illegal gambling, mobsters, gangs, and any other illegal way to make money and not pay taxes on it. I know I will get a lot of people arguing it is a regressive tax that places the burden on the poor; get that idea out of your head before it even starts! The tax is not on necessities, and is only levied on new purchases. The wealthy spend a far larger portion of discretionary income on luxury items than the poor. I have customers who have home theaters that are in the $250,000.00 range, I do landscape lighting and misting systems for them that can reach five or six figures, all of which will be taxed, so the regressive argument is totally inaccurate. What it does do is make it fair and even across the board, everybody pays based on what they spend. The best analogy would be "Would you rather pay .39 cents of every dollar you make or .23 cents of every dollar you spend"! Do the math, it is easy.