No all his wealth and property seize the means of production liquidate the wealth of the bourgeois don’t just tax them an arbitrary amount and let them keep the rest of their blood money never mind enforcement problems.
Just make tax exponential (so your netto is a log function of your brutto). Wouldn’t have a hard “maximum” but effectively be impossible to have many times income of others (without paying unimaginable more taxes than everyone else). The hardest part is probably to handle “wealth” because that can be parked and “hidden” in so many different ways.
Or you know have all his wealth and assets seized to be restricted to those in need.
That’s what he said: “tax.”
No all his wealth and property seize the means of production liquidate the wealth of the bourgeois don’t just tax them an arbitrary amount and let them keep the rest of their blood money never mind enforcement problems.
I like the idea of having a maximum wealth. Once your assets are worth X amount, you can’t have any more.
Just make tax exponential (so your netto is a log function of your brutto). Wouldn’t have a hard “maximum” but effectively be impossible to have many times income of others (without paying unimaginable more taxes than everyone else). The hardest part is probably to handle “wealth” because that can be parked and “hidden” in so many different ways.
That’s the effect of the old 90% highest marginal tax rate.
That’s income tax, not wealth tax. Once you get rich enough, they’re not really related anymore.