1) Some Taxes are a certainty to fund essential government responsibilities as defined by the U.S. Constitution.  The source of those taxes is as important to how strong and fast an economy grows as where the money itself is used.  This Petition is to change our US Tax System into the Simplest, most Efficient and yet also the Fairest, most Economically Productive, and Sustainable Tax system possible.      

2) Taxing people to work has always been a bad idea!   The U.S. Federal Income Tax should be abolished.  (Note: Taxing Sales, or Value Added Taxes as they are called in other countires is also economically counterproductive and affects people disproportionately) 

3) The BEST Taxation Solution: 

Abolish ALL Federal Income taxes and replace with a NATIONAL ASSET TAX - this would be a total abolishment of the IRS, but of course not the US Treasury itself.  This alone would save Trillions over then next few decades.  We could then increase our national spending on infrastructure from a paltry 1% of the Federal Budget to 8% to keep up with China and India, else they leave the USA in the dust as a 3rd world country.    

This system would utilize another Taxing Authority Infrastructure which already exists Nationwide (the State and/or County Property Tax collection systems,  where it is most efficent and where it belongs)

This is not just a National Real Estate Tax, instead ALL ASSETS, so the state and county property taxing authorities would need to make modifications to value and track all assets.  One of the reasons why the current income tax system is unfair, and a national sales tax would also be unfair is that small numbers of people have incredible amounts of assets...  Yet they pay little to no income tax at all, nor would they pay very much sales tax!  To be  effective, there should be ONLY ONE type of exemption, and that is the threshold of where assets would start to be taxed.   Those with HUGE amounts of assets like to talk about a flat rate income tax... because they say it woudl be "fair".   Of course that is sleight of hand on their part because they prentend that already having huge amounts of assets which avoid taxation is fair!     What is fair is a FLAT RATE TAX ON ALL ASSETS!  We Peititon that the first $250,000 in assets per person would not be taxed.  Anything over that would be taxed equally (with no loopholes, exemptions or deductions, not now and not in the future) at 1% .  This system then would not punish people for working, saving, investing, running a business, or spending (which stimulates business), it only takes a 1% share equally of everyone's pie but only after they have a reasonable economic foothold which is good for us all!  Its also practical that tax collection authorities focus on collections of more than $2,500 per year else they are costing us more than what they are collecting.  Our Welfare and Income Tax system today, keeps people trapped in cycles of poverty by punishing them to work, save, start businesses and invest.           

It is also a fact that there is a huge underground economy in the USA that falls outside of the income tax system.  It in part thrives because it goes untaxed, while legitimate enterprises and hard working individuals are taxed.  By replacing the federal income tax with a national asset tax, the underground economy would pay it's fair share equally. 

Note: Today the US federal budget is 14 Trillion per year.   This system would take in 12 Trillion per year at the 1% rate.   Today US revenues are only half that - the rest is all borrowed!