Engineering a New Economy
Learn how we should operate the economy to reverse the trend of
continuously increasing debt for the government and American households,
and return prosperity to the poor and middle classes. All federal tax
rates should be reduced to allow the economy to expand, and eventually
they can all be eliminated and replaced by a simple low-percentage retail
sales tax which can be reduced over time to just 2%!
Historical U.S. Tax Rates
Explore the past 120+ years of taxation in the U.S. to see how badly we've
managed the economy, resulting in a 1,000,000% increase in government
spending since the income tax was enacted!!
Tax Flow Diagrams
See how the economy is affected by tax rates. Higher taxes cause the
economy to shrink and lower taxes lead to expansion. The tax rate can be
chosen to create an economy of whatever size you want.
Currency Availability Multiplier
The size of the economy is determined by the amount of federal spending
multiplied by the CAM which is the inverse of the tax rate. Lowering tax
rates creates a larger economy.
Tax Misery Index
See how much tax is levied in a collection of countries and determine the
currency availability multipliers for them.
Choosing the Best Tax
Compare and contrast the various taxes in the U.S. today and choose the
best one to replace them all with a single tax. Spoiler alert: it would be
a retail sales tax.