Tuesday, March 5, 2013

Guest post by riberty rhee

We need to replace the income tax with a tax on wealth and a tax on human capital I'll focus on the hu-cap tax Potential annual Earnings are assessed and taxed with a progressive tax rate schedule Perhaps with an opening negative tax interval Assessment by a complex algorithm including experience skill set and back ground life time earnings Think by perfect analogy Of a george tax A tax on ground rent Consider this as a anti parasitism law converted into a hidden talent excavator Recall the neo classical perfection No tax at the extensive margin of effort this coming year

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