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All taxes can be consolidated into one tax, Wealth tax! which can directly account for everything. i.e. Live in NYC vs suburbs. Got 5 kids vs single. No income
by techsin101 7y ago
All taxes can be consolidated into one tax, Wealth tax! which can directly account for everything.
i.e. Live in NYC vs suburbs. Got 5 kids vs single.
No income, sales, federal, city, county, state, capital, property, SS... list goes on.
If you're rich you pay more if you're not you don't. How do you know how rich someone is? Total wealth. Federal government should ban any other taxes that state would want to implement
- krapht 7y agoPlease research the economic literature on wealth taxes. There are numerous problems with it, too many to discuss in a comment.