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Taxation for the purpose of running a government and providing basic services seems to be long gone. Most of the discussions these days are more about what the
by ap22213 12y ago
Taxation for the purpose of running a government and providing basic services seems to be long gone. Most of the discussions these days are more about what the 'right' and 'fair' level of redistribution should be.
But, the rates of taxation are so arbitrary. Legislators get together to determine fixed rates and tiers of taxation.
Aside from the complexities of accounting (which should be simpler with computers), couldn't it make more sense to tie tax rates to real mean wages? Then, the very rich would have incentive to increase jobs and increase mean wages.
- Adlai 12y agoAs much as I like this idea, there's an equally strong incentive, for those who can afford to do so, to engage in "tax optimization".
- IndianAstronaut 12y ago>couldn't it make more sense to tie tax rates to real mean wages? How would that work in practice?