> So the state isn't getting tax income from these folks. So perhaps resting our a bulk of taxation on income tax may not be a sustainable model. Especially

> So the state isn't getting tax income from these folks. So perhaps resting our a bulk of taxation on income tax may not be a sustainable model. Especially when the corporate and high income wealth is so tax preferred (or evading taxes). Refactoring our tax system to a less extraction model may be the better approach. Wealth taxes, financial transaction taxes, more effective property taxes (ie, land value tax) could result in a more livable country for the vast majority of people (numbers will go down a bit for the billionaires).