Is A New Tax Needed for Taxing Times?

Our existing political systems evolved at a time of much more gradual social, economic and technological change and to restrain excessive government they were designed to be cumbersome.  In addition, the myriad combinations, permutations and interactions of inputs into complex dynamic systems such as economies and societies are inherently unpredictable.  Unintended effects are the norm.  These often call for addressing but the causes and effects involved can also be difficult to clearly discern.  The result has been a growing burden of regulation that is outmoded, dysfunctional or has unintended consequences. This has become a major obstacle to almost any productive activity and especially to the initiation of new activity.