A business will not grow with net losses and a government will not survive with sustained deficits. Uncle Sam Inc. must raise sufficient funds to cover its expenditures and collect those funds in an efficient manner.
Businesses’ consumers must understand what they owe and be held liable for their debt. Mature businesses know how to minimize the time it takes to collect accounts receivable. These businesses also simplify their prices and rates so consumers understand what they are purchasing and at what price. This could translate into a simpler tax code with lower rates and fewer deductions, additional taxable activities (such as a national sales tax to collect from tax evaders and illegal aliens), or lower overseas corporate taxes (of which Uncle Sam Inc. normally collects 0% because overseas subsidiaries avoid bringing profits back home).
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