I am on board with what most of what you are suggesting, at least in theory. Other than the currency of course. So people making less than 60k would get a check at the end of the year for an approximate amount paid on consumption taxes?  That sounds ok, but I think you are going to find some difficulty with it being applied equitably. Are you going to tax mortgage payments and stock sales, as well as car purchases? What I am getting at is that the tax will greatly influence what people buy. 

In order to maximize income, people will buy as little and as small as possible, which in itself is regressive. It may turn out to be more complicated than the current form.

Apparently you don't understand how greed works or the part it played in the current economic meltdown. This is not about jealousy this about the facts on the ground and a long and well documented history of what happens when wealth and power accumulate to a small number of people.

The greed and corruption in this country exploded when Regan repealed the 72% tax bracket in the 1980’s. The 72% bracket was the modified version of FDR’s 90% bracket done under Kennedy/Johnson that removed loop hole while appearing to cut taxes. Once that protection was removed, the looting began. Pension plans were raided; companies were bought up and dismantled selling off the parts and destroying jobs. We have had 30 years of greed based polices. I think that’s enough.

FDR figured out that the only way to control the sort of greed and corruption that led to the first Republican Great Depression was to eliminate the ability for people to keep the money they stole. John Maynard Keynes understood that government plays an important part in shaping economy through monetary policy as well as incentive and disincentives.
 
An upper tax bracket that targets reckless speculation and looting of companies is a very important disincentive. Unfortunately, most people don’t understand what Keynes was advocating. He was not advocating for the government to continual pump money into the economy just to keep people working.  He advocated targeting growth industries that would provide long term return on investment, while in the meantime keeping people working. What the Chinese are now doing is closer to the Keynes than anything we have done since the space program started. I would count the internet but the capital gains tax cut under Clinton gave it a black eye.

By the way, we are pretty well off, so it’s clearly not jealousy. However, I am very pissed that my home has been devalued.