The 1% Solution to the National Debt
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Mar8-12, 08:04 PM
Wave the tax on basic food (not prime rib, caviar, etc.), basic clothes (not Gucci, etc.), medical care (not comedic, elective, etc.), a basic housing (not the vacation home), etc.
The lawyers are going to have a field day defining what's basic clothing and basic medical care, although that doesn't detract from the basic point that it's probably simpler anyway and has the advantages that you cited