• Baggie@lemmy.zip
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    13 hours ago

    That’s actually a really simple and neat solution. My only worry is there’s minor possibility that it could be abused, but not nearly as much as current systems are.

    • angband@lemmy.world
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      12 hours ago

      yeah, loans and hising income.overseas, stuff like that. guarantee 5% for the irs budget and regulate them to track down income tax schemes.

      there would be some struggle, but things would level out after a couple of decades, and head towards real prosperity.

      of course the idea is rough, you’d want narrow margins, and the ability shift it if there aren’t enough high earners, and to apply the same scheme to corps too. all sorts of edges cases and fail points to consider.