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9 days agoThat’s pretty interesting. Do you happen to have any introductory material to that topic?
I mean, it might even have applications outside of running a techno-communist nation state. For example, for designing economic simulation game mechanics.
Income tax doesn’t do anything to the 1%. You have unrealized gains, and borrow against your assets? You owe zero tax.
A wealth tax, or income tax on yet unrealized gains, would be better. Of course, that comes with its own set of issues. But, I don’t think they are insurmountable.