Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.

The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps, housing subsidies and the like - if their income goes up.

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

The United States already has the highest corporate tax rate in the world.

Ford's federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits.

The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.