We need to move away from taxing income to taxing consumption. Much of the reason why the present economic problems we have are occuring is because we (collectively) spent more then we earned. If we tax consumption more and reduce income taxes that would encourage more savings.
Yes, raise gas taxes and energy taxes and decrease income taxes. Just an idea.
I don't want to be taxed more just taxed differently. This would encourage savings.
Now only if Congress could not recieve any pay until the government has a surplus and starts paying down it debt.