A radical tax plan to avoid an economic car crash

Sir Roger Douglas and Robert MacCulloch propose redirecting income tax (up to $60,000) into individual savings accounts for healthcare, pensions, and risk cover. This replaces the public system with private provision, supplemented by taxes on higher incomes. They claim it reduces government costs, improves outcomes, and aids low-income earners, while utilizing compound interest for financial stability. The government isn't considering the plan.