>>>>>>>>There's a difference between capital/investment income and labor income and how it's taxed
>>>>>>>Of course there is and that's why we need Welfare Reform.
>>>>>>>Look back and see who financed the lobbyists who got that put into law.
>>>>>>>
>>>>>>>You won't find many wage earners or small business owners who think that capital gains and certain investment income should be taxed lower than labor income.
>>>>>>
>>>>>>How many do you think believe as I do that income shouldn't be taxed at all? Does that make their opinion more or less valid to you? ;)
>>>>>
>>>>>Stupid question: without taxes how are we supposed to provide police and fire services, a military, schools, and so on? (I am tempted to try to slip the EPA past you but won't be a wise guy).
>>>>
>>>>Stupid answer : No income taxes != no taxes
>>>
>>>OK, I'll bite since I know you know a lot about finance. What kind of tax(es) do you suggest?
>>
>>Consumption based.
>
>With the new TTP agreement between the EU and the US, it would be insufficient to get it all on consumption based taxes. It is simply not enough.
>It even now is not enough.

Haven't you been paying attention, the US is presently ignoring laws and agreements and making it up on a day to day basis. ;)