Abolish all income and profit taxes and replace them with flat-rate consumption taxes.
- Profit taxes essentially penalize people for doing something socially useful. Profitable businesses generally offer more secure employment than unprofitable ones, and can expand to create more employment, which in turn cuts a government's welfare and assistance costs.
- Income taxes are easier to evade than consumption taxes. It's easier to make money under the table than it is to go out and spend it tax-free.
- Consumption taxes have an element of fairness: the more you consume, the more you pay.
- A single tax involves less paperwork (and hence fewer hours lost to attending to that paperwork, and less aggravation) than the plethora of taxes that most countries have.
- Too explosive politically.
Now, let's see if the topic sinks or swims.