Tax Income Once at Source

A state or national tax system could levy a single, flat tax at the business level (on profits) and on household withdrawals above a large exemption so that interest, dividends and capital gains aren’t taxed again. That design treats the levy more like a consumption tax, simplifies compliance, and aims to avoid disincentives to saving and investment while retaining progressivity through a tax-exemption threshold. — If adopted or seriously debated by large states (e.g., California), this design would reframe fiscal debates away from wealth levies toward simpler one‑point taxation with concrete implications for investment, inequality, and enforcement.