4 ms·
Your argument doesn't seem to agree with the evidence. Feudal economies were actually powered by wealth taxes. So putting in a wealth tax won't do anything to
by MR4D 5y ago
Your argument doesn't seem to agree with the evidence.
Feudal economies were actually powered by wealth taxes. So putting in a wealth tax won't do anything to avoid it becoming a feudal society. Further, confiscatory taxes[0] (of which wealth taxes are but one type) are favored by dictatorial regimes throughout history. I don't think we want to go down that road.
Wikipedia has a great summary on feudal taxes[1], and they are based on wealth (usually land and hides). It's actually a pretty good summary of a long period of time, and a complex topic to begin with.
[0] - https://www.merriam-webster.com/dictionary/confiscate https://www.merriam-webster.com/dictionary/confiscate
[1] - https://en.wikipedia.org/wiki/Taxation_in_medieval_England https://en.wikipedia.org/wiki/Taxation_in_medieval_England
- eecc 5y agoAnd the Decima (10%) to the Church, and another to the Landlord for the rent of their lands. So please let’s not hot-take it to the extreme