I know this would never pass but what do you think about getting rid of SS tax, income tax, sales tax, etc and just replacing everything with a wealth tax thats either calculated on total assets or Net Worth each year. I don't think it would have to be very large, maybe like 2% to generated as much revenue as our tax system does each year. It would achieve many goals:
1. Progressive
2. Better for income equality
3. Less reason to hoard vast amounts of wealth and more incentive to take risks and invest.
4. it makes sense. If you have more assets, you should pay the country more to protect said assets.
I don't think we should have as goals for a taxation system as you have set out. It would be better for a system of taxation to be affordable for all than for it to be progressive, progressive is the trade off we make for the cost of government being too high for all citizens to be able to bear an equal share.
Income equality shouldn't be a goal of taxation, or any operation of government, if achieved, it would eliminate all personal motivation to be productive.
Insofar as a government initative to provide incentive to take risks and invest, you might not have noticed the prevailing interest rates. We are already neck deep in a regime of financial repression. Only a dullard could think this good and a worthy goal. Reckless behavior by banks and all levels of government is a large part of the problem, the only anchor we have left is prudent assest managment by the private individual and some corporate interests. There is no hoard of wealth. Don't buy into the myth of the wrinkled old white men and their vast inexhastible hoards of wealth. Wealth is debt, and debt is wealth and the issues are productivity and demand.
Government efforts to provoke capital to take risk only leads to more malinvestment and calamity, as it ever has. Abuse yourself of this notion.
And your last point is simple. It makes no sense whatsoever. There should be no reason that one citizen should pay a great amount of money for asset protection than another because it doesn't cost by the dollar to do so. And largely, government doesn't try to. That is why the weathly invest in private security.
The whole point of government is to have equal protection for all from theft, and instead, you'd have a government that steals from all who dare be productive to distribute to all who in return would not be required to be productive at all.
You are simply spouting pro-Marxist, anti-American thought. Get a job, and if that doesn't suit you, get a better one, and stop your sin.
For from within, out of the heart of men, proceed evil thoughts, adulteries, fornications, murders, Thefts, covetousness, wickedness, deceit, lasciviousness, an evil eye, blasphemy, pride, foolishness: All these evil things come from within, and defile the man.
