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Couldn't that be continuously offset by increasing/decreasing taxes at the top? I imagine a self-regulating system might be difficult, but not impossible.
by cosmojg 6y ago
Couldn't that be continuously offset by increasing/decreasing taxes at the top? I imagine a self-regulating system might be difficult, but not impossible.
- bravo22 6y agoYou would actually have a flat tax across the system ideally. Eliminates unproductive capital deployment to reduce tax burden. You take X% off the top of the economy and distribute it to everyone who needs it on a sliding scale basically below a certain income level Y.