CRLLS
Thinks s/he gets paid by the post
So help me understand this. Let's say we implement a progressive tax on wealth with a base (deductible) of $100M. Am I right in thinking it would be fair that would increase to $200M for married filing joint? And what happens when one of them passes? Unlike taxing income, that would just create a bonus for the government . What part of that is fair to the surviving spouse?
WRT diminishing returns stated in # 2 above, are you saying that if the gov finds it to be easier to implement than expected, then the $100M deduction could/should be reduced? (see copyright1997reloaded's comment about magic numbers)
I think that those who feel they are not currently paying their "fair share" should simply write a check for whatever they feel is their "fair" tax and send it in to the Treasury’s Bureau of the Public Debt. They have collected millions from similar generous taxpayers. No need to issue more laws.
WRT diminishing returns stated in # 2 above, are you saying that if the gov finds it to be easier to implement than expected, then the $100M deduction could/should be reduced? (see copyright1997reloaded's comment about magic numbers)
I think that those who feel they are not currently paying their "fair share" should simply write a check for whatever they feel is their "fair" tax and send it in to the Treasury’s Bureau of the Public Debt. They have collected millions from similar generous taxpayers. No need to issue more laws.