> Rich folks only need so many mansions, yachts and designer sweat pants. This would further shift the burden of taxes onto lower income folks who spend 100% of what they earn.
This is a feature not a bug of that plan. There’s no amount of tax that’s too low when the answer to “How much do you need to be happy?” is more.
Well when tax is zero and there is no military to protect your assets thereby making them worthless as they are stolen. So perhaps there is a "too low"
This is a feature not a bug of that plan. There’s no amount of tax that’s too low when the answer to “How much do you need to be happy?” is more.