If the goal is to ensure money keeps flowing across every nook and corner of the economy, I don't see how this would work.
Have there been studies on a tax ruleset that looks like this:
Everyone taxed at 50% of yearly income, no special cases.
Additionally every dollar which would put individual accumulated wealth greater than (yearly minimum salary in dollars * median life expectancy in years) taxed at 100%.
Have there been studies on a tax ruleset that looks like this:
Everyone taxed at 50% of yearly income, no special cases. Additionally every dollar which would put individual accumulated wealth greater than (yearly minimum salary in dollars * median life expectancy in years) taxed at 100%.