I think Americans should be allowed to put their money wherever they please. It's easy to close all the loopholes. Fuck income taxes, property taxes, capital gains taxes, etc. All you would have to do is abolish the IRS and the current tax code and replace it with a national sales tax (pick a number...10% sounds good to me). That way, we'd all pay a lot less in taxes, it would encourage people to save more, no more complicated tax forms, and ensures that everyone is paying their "fair share." Of course this would mean we couldn't have the bloated bureaucracy we currently have and would not be able to finance the current warfare/welfare state, which would be a very good thing, in my view.

Expect more of the status quo, though. Taxes were only ever meant to be paid by us peasants. Unfortunately, also, most of the stupid sheep will vote for bigger government and higher taxes, because they love paying for idiots like Pelosi to party all over the globe.