A truly simplified method for funding the government. A balanced budget that Lenin could love.
Fuck income, tax wealth.
We eliminate all deficits by the following arithmetic:
Each fiscal year, we total up last year's expenditures. (E)
We total up the combined wealth of the nation (W)
We exempt an amount equal to 200 times the poverty level (200P)
We assess individual non exempt wealth (W-200P) as necessary to equal E. Probably between 1 and 5%, but always exactly the amount spent.