Re: Alternatives to income tax
Surely, by definition, a lot of wealthy people will buy more, so will still pay more tax.
Admittedly you can choose not to buy any more things, but if you do choose not to buy any more things, what is the point of being wealthy?
Even if you put your extra wealth in the bank, you will still pay tax on it.
While I don't like income tax, I can't see the point in changing the system.
Apart from that consideration, I think it sounds like a good idea.
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