Dean Baker and Kash bemoan the lack of use of the train system to reduce Energy use and Pollution. Kash stipulates discussion of improvement of the train system is forbidden on Capital Hill. The major impediment may lie with the train system itself, and its lack of technological progression. I would think some Software geniuses would identify the train railway system as like unto a computer processing system. Total Electrification and Computerization will eventually led to Computer-directed Coupling procedures between cars, developed after electric wheel engines replace locomotives; all governed by automatic Software programing. Trains can be built from component cars, speeded and slowed as to needs of the railway, Sidetracked, Split, and reassembled upon need; all directed with minimal human supervision from a central computer room. This technological development would then allow for the creation of an effective Computer-controlled Trolley system in major cities. Speed is not the prime need Today, Computer networking able to handle any rushed effort; and train travel allowing far greater space for actual Office work with designed compartments. I still prefer a Sleeping compartment to taking the Red Eye out of Chicago.
Jeff Cornwell doubts the efficaciousness of a Flat Income tax. I agree with him in his belief that anything that allow for deformation of the Tax impact through Add-ons will leave in as bad a shape as We now appear. I disagree with Jeff in his suspicion that any major alteration from the current format will work. Here is a short sketch of my Thoughts.
Labor Hours Factor Tax
1) All Labor will pay $3 per hour as Tax as Employee, and $2 per hour as Employer. One Dollar would go to Social Security from Each, and One Dollar would go to Health Care provision. The remaining $1 of the Employee would go to the general Treasury Fund. Labor Wages would automatically Market adjust to pay for Living Costs of Employees.
2) A Factor of 2 would be introduced for both Employee and Employer at Wage levels of $30,000, so that Employees would pay $6 an hour ($2 Social Security, $2 Health Care, and $2 general Treasury Fund). Employers would also find their payment of Tax to be $4 per hour after any payment of $30,000 in Wages (no matter how many Employees).
3) A Factor of 3 will be introduced will be introduced after reaching $60,000 in Wages for both Employee and Employer, so the Tax would be $9 per Hour for Employee and $6 per hour for Employer.
4) A Factor of 4 will be introduced on Employers paying more than $100,000 in Wages, so that Employers will pay $8 per hour of labor.
5) Employers will be able to account all Steps and Factors as a Business incentive to encourage small business.
6) A Capital Gains Tax will be set at $1 per $1000 at every Transaction sale, making it not a Capital Gains Tax in reality, but an Investment tax collected by the Selling agent. lgl
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