House Passes Employee Stock Options Bill Aimed at Startups
More evidence as to why the income tax should be replaced with a consumption tax. Just let people make their dammed money already and apply a simple tax when they spend it. Windfalls wouldn&#x27;t be &quot;dangerous&quot; or punitive in that model, and savers would be rewarded.<p>--Of course I oversimplify the consumption tax, and safeguard would need to be in place on that to ensure it is not regressive with respect to necessities...