Kahuna, as usual you present articulate and well defined viewpoints. Your background gives your posts significant credibility and are worth the read even if occasionally opinions diverge.

I'm on the run to a tee time but wanted to express another perspective. I believe the tax system itself (60,000 pages) is archaic, inefficient, unfair and contributes to the very issues you raise.

What are your views on abolishing the tax system in favor of a Flat Tax, Fair Tax or combination of both.

For perspective I use these simple definitions. The Flat Tax Taxes Income While the Fair Tax Taxes Consumption.

Anyone else feel free to jump in.