Individual, oh I don't think that has peaked yet by any means.
It is one of the main causes of our increasing government debt.

As growth declines, money will become tighter as the excess money will not be there.
So while demand for social service will increase money supply to satisfy
the demand will peak, unless the government starts transmitting pixel money.

Actually a book has been written on Peak Everything.
I have not read it but the idea I believe is that as energy is
partially peaking it will take everything into peaking with it.
The theory is everything but everything is dependant on energy.
So alternative energy sources are imperative but can only cope with
a much smaller population.
The energy and resources needed to manufacture these alternative
systems must be built and maintained with current energy and resources.
Some say it is too late to make the switch as we are now entering
a time of zero growth and there will be no excess wealth of positive
GDP to finance the change over to the next energy regime.

That is the catch 22.

govt debt..has little to do with any energy shortage
we simply need stop fuel subsidization of 12 billion..going to mining and farming..

but even they arnt the problem..
the PERCEIVED peak oil..or peak demand..is spin..just so they can increase the prices plus of course the tax take as well [oil was SUPPOSED to peak 13 years ago..yet surprise surprise...the oil well's are refilling..and they found ways to..distilit from shale etc

flat tax means your kid pays tax..on-his pocket money
but the rich..[whokeep their wealth..in tax-avoiding trust funds dont

regardless of the tax rate..the clever enron guys will write in to the laws their escape clauses[i recall much the same thinking re gst..but all we got was a new tax..and the tax avoiders got a new tax loophole

ALL tax is unlawfull[govt usedd to issue its own money[like bankers ddo today..the money is created..CREATED*..by our promise to repay

go read your homeloan documents fine print
you signed..that you Already recieved*..THE MONEY..on the application form..it was only the bank processing the loan..that made the credit real

govt alone has this right[but the clever bankers [by wars..broke the system..tto take over the money creation..AWAY from govt..to where NOW..our OWN govvt MUST borrow..into exzstance..its own money.>{PLUS put ursurous taxation..on its people to repay..that the loan application created

the fed monetizes these contractual applications
but where it went wrong was..war DEBT..see in those times
govt issued war bonds..repayable in twenty years..IN GOLD..

they dont hold full value..till they mature
but bankers saw a way to leverage money creation away from govt
[read creatures of jeckle island]..bought up the paper promise..AND DEMANDED..instant gold[govt of course didnt have the gold yet..so the govt went broke..and we got income tax..to repay the debt..PLEASE NOTE THAT INCOME ISNT WAGE..we dont got wage tax

yet ignorants..who dont got no clue still pay tax on wage
*AS IF it really was income[see corperations/govt etc[ie paper fictions..can..ONLY earn income..as the dead cant earn wage

anyhow two things..the absurdity of joe hockey gifting 9 billion to..the fed[that the fed them..LEVERAGES..up to 25 times..just to bailout foreign...bankers?

if the bank has gone bust AGAIN
give it back to the people who can..thus leverage our tax take
not bwanker bailout..WE DONT NEED ANY TAX..when govt can print its own money..im sick of having to..repeat this endlessly

every time some greedy banker wants more tax on..mugg punters
just so they can steal ever morre free govt cash/bailouts

bah..think why jesus upturned the money changers tables
bankers are the scum..that scrapes of the cat fat cream..that floats on top of everything..including our treasonous govt..how much these greasymutha fruikkers need..not til they wrekked bank-ruptured..eveyone..

taxed to death..to the last drop..then fractional reserve leveraged our cash many fold..just topisss it upon the wall in switerland..or some other tax haven.

bah

the tax avoiders got a new tax loophole
uog,
I fail to see how a flat tax can be exploited when everyone pays the same rate ? Those with initiative will make more every time but that's reward for effort, nothing wrong there. Just sitting behind a Govt desk & evading responsibilities is very wrong & that's what got this country where it is now, a fumbling & stumbling outfit with an awful lot of luck.

if the tax falls due..at..the point of sale
its difficult to..avoid

if you are required to pay anally
then you can cheat..[the easiest way.to cheat is to turn..say a shop you own..[or product you sell]..via a separate trust..in a tax free haven

or by double accounting
or planned bankruptcy

so on the one hand you get too claim full rent costs back
on the other the trust holds your tax free rent..[another may hold the papers to the shop]

the thing is the little guy gets it taken from him
the bigger fish holding it collects at a minimum the interest..or..use of it or total..control..to loose it

ALL TAX IS VOLUNTARY*
some know this..others dont

how does wage equal income..ignorance
and only thee ignorant must pay..[see they DECLARED..they got income]

but you love the flat tax mantra
fine..take it from the bank at withdrawal..directly into the govt bank

but wait govt sold its bank
so where does govt income go?

think about it
follow the money..where does your dollar go to
lets say the fed..[they..leverage it 35 fold..for other banks]
yet not for govt..anyhow flat tax is insane

[better a simple withdrawal tax..ON EVERY WITHDRAWAL..of..say one percent

paid into govt's own savings bank..[liike the commonwealth bank didBEFORE IT WAS SOLD FOR PITTANCE..[9 billion..when..it pays 9 billion TO..a few shareholders/in dividend each year]

anyhow take withdrawal tax..to govts bank..who then lodges it with the fed[leveraging..it by the magic of fractional reserve..money creation]..and bobs ya uncle

just like the bwankers done for centuries
anyhow im over trying to explain it..if your going to push for any new tax..get rid of all the others and just a simple withdrawal tax one everyone..every money movement

ohh..and death DUTIESS..especialy on..trusts and corperations