3/10/05 - The second draft of Space Orphans was completed on 3/5/05.
I expect to have the third draft (which is already 20% complete done)
finished early next quarter. Copyediting has also begun.

I fully support Greenspan's plan for replacing federal income tax
with a consumption tax (national sales tax). I've always felt there
should only be one type of tax. I had always assumed it would be best
if all but income tax was removed. After hearing this proposal I have
changed my mind. This would mean a far smaller IRS. There would no
longer be audits. Or if there were audits, they would be for
retailers. This would make it a little more difficult for retailers,
especially in states without sales tax. The best reason is that
people will no longer need help to pay taxes (at least federal
taxes). Some people will still need help with state income taxes. I
expect H&R Block would go out of business. Do not be surprised if
they lobby against the change.

Another reason to support it is it's lack of loopholes. No expensive
tax attorney can reduce the amount a person would pay.

The only thing to worry about is big purchases. This will make houses
and cars far more expensive. On the other hand, it will make saving
money toward retirement far easier.