ii iv viii
Logo3 Merry Christmas and Happy New Year

NEW - In 2016 the 2-4-8 Tax Blend will become 2-4-8 Tax Choice
The "choice" would allow all taxpayers to choose an income tax rate between 8% and 28% paired with a net wealth tax rate of 2% going down to zero. Wealth taxes paid would reduce Estate and Gift taxes (also set at 28%). This would encourage wealthy individuals to pay some net wealth taxes as a form of inexpensive life insurance.


C - Corp
4% VAT
8% Income

About the Author


Revised June 13, 2012

My name is Eugene Patrick Devany and I am a dreamer who yearns for justice and economic reform. (Hay, it’s my dream!) I have been inspired by the work of Jesus Christ, B. F. Skinner, Daniel Patrick Moynihan, Steve Jobs and countless others.

I have a BA and majored in Psychology. It was during my early collage days that I became interested in behaviorism and operant conditioning along the lines espoused by B. F. Skinner. Some close friends thought it might have something to do with spending a little too much time at Woodstock back in 1969 - and now you have a good idea of my age and the sins of my youth.

I began my career working for the county Human Rights Commission and pursued a Masters in Public Administration at night. I figured that someday I’d be a fine bureaucrat and make a real contribution to the civil rights movement. This path became more difficult as I realized that there was no place in the civil rights field for someone who opposed preferential treatment in employment and education, full gay rights, abortion and resented taking orders from bureaucrats. I also dabbled in politics.

I decided to turn my hobby interest in stained glass into a business and to go to law school at night. This explains the occasional use of stained glass photographs in this website.

Getting back to law school harkens to the seeds of this website. I devoted way too much time to writing a paper titled, “Positive Approaches for a Punitive World”. It was a labor of love and combined my philosophical interest in behaviorism and jurisprudence with my technical interest in viewing government control from an operant conditioning perspective. Putting aside the jargon, the paper was an attempt to look closely at controls and suggest how government rewards and punishments might be tweaked to improve things and make people feel better. The challenging part of the law school paper was to include examples of reform which ranged from simple parking fines to complex reforms of criminal sentencing, intellectual property and … an individual net wealth tax.

Alas my interest in government reform was relegated to the back burner as I spent the next 25 years representing the rich and well insured in the defense of all manner of civil litigation. I have selected over 300 juries and argued over 50 appeals. My clients have included General Electric, ExxonMobil, Long Island Railroad, Cablevision, the City of New York, Metropolitan Museum of Art and White Castle (yum!); to name just a few. My favorite adversary was Donald Trump[1] who was gracious enough to endorse my copy of the Art of the Deal with the words, “Eugene, Good luck with your legal deals.”  (I admittedly failed to inform Mr. Trump that I had commenced an action against him, as the owner of a hotel, in New York State Supreme Court).

Now, in semi-retirement, (a/k/a between jobs) I am free to go public with political ideas that my former clients and employers would have frowned upon. The new found freedom is exhilarating.

For now, I enjoy this website as I slowly hone my asp .NET web design skills and solicit your comments and suggestions. Some have suggested forming an organization along the lines of Americans for Fair Tax a/k/a FairTax.org. I think the $20,000,000 in seed money that was given to the Fair Tax people may be a bit much but it worked to convince many intelligent politicans, reporters and business people to actually support the horrific and regressive idea (because it was a little better than what we have now).

I am mindful that many with good intentions and good ideas simply don’t want to speak up and don’t want to rock the boat (especially if you have a job that may not be too secure). That being said, I admire the spirit spurred by the new media as displayed by those dancing to the Occupy Wall Street banner and protesting across from my old office at One Liberty Plaza. OWS has faded but at least it may now be politically acceptable to have a civilized discussion on fundemental economic reforms.

Please send me an email and let me know what you think of the 2-4-8 Tax Blend.

Thank you,


Eugene Patrick Dvany

Massapequa Park, New York

[1] In 1999 Mr. Trump recommended a one-time net wealth tax of 14.25% (on those worth over $10,000,000) for the purpose of paying the national debt. Today, in 2012, the rate would have to be more than twice this amount to pay off the $15 trillion in national debt.


    Skip Navigation LinksHome > News and Resourses > About the Author

DPM and EPD 1980

Senator Danial Patrick Moynihan

with Eugene Patrick Devany - 1980

Spread the word: Please let Congress know you want them to consider the 2-4-8 Tax Blend by simply tweeting "TaxNetWealth.com" or by copying any basic description and sending, faxing, or emailing it to at least one representative from each political party. Many representatives will only accept email through their individual websites.

Copyright 1985 to 2015 by Eugene Patrick Devany