A corporation is implementing the taxation model described by George.  Note that &quot;corporation&quot; is any incorporated body, and need not be a for-profit enterprise. In many parts of the US, towns are corporations (&quot;incorporated&quot;) already.  I&#x27;m not familiar with the governance of Fairhope&#x27;s corporation, but incorporation need not require unaccountability.<p>As for central management of core elements of an economic system, look up the role of the Texas Railroad Commission (hint: it didn&#x27;t regulate railroads) and prepare to have your mind blown.