> If you are sitting on your assets, then this encourages you to participate in the economy.
Ah yes. Old people living off their savings in a house that they own need to get out and participate in the economy.
Speaking of that house, suppose its value goes up $100k one year, goes down $100k the next, and then goes up $50k the third. How much tax have they paid cumulative at the end of that third year?
Also, companies don't pay taxes. They collect them.
As to inequality, it isn't the evil that you assume. Rich people buy things from poor people. They employ poor people, and so on. Pretty much everything started out as a luxury that only rich people could afford.
I note that you didn't consider the possibility that the tax revenues that you're trying to maintain are too high.
> if you buy shares on the stock market, you aren't an investor).
So what? Folks who buy in the market are what makes investing profitable. They're the means by which investors get their profits. And, if investors can't get profits, they don't invest.
But I quibble. It doesn't matter that you don't understand people's behavior, incentives, and so on.
You had three numbers and a goal and came up with a table, so, so surely it's a worthy idea. You, or rather, "the engineers", will just have to work out a few details.
Ah yes. Old people living off their savings in a house that they own need to get out and participate in the economy.
Speaking of that house, suppose its value goes up $100k one year, goes down $100k the next, and then goes up $50k the third. How much tax have they paid cumulative at the end of that third year?
Also, companies don't pay taxes. They collect them.
As to inequality, it isn't the evil that you assume. Rich people buy things from poor people. They employ poor people, and so on. Pretty much everything started out as a luxury that only rich people could afford.
I note that you didn't consider the possibility that the tax revenues that you're trying to maintain are too high. > if you buy shares on the stock market, you aren't an investor).
So what? Folks who buy in the market are what makes investing profitable. They're the means by which investors get their profits. And, if investors can't get profits, they don't invest.
But I quibble. It doesn't matter that you don't understand people's behavior, incentives, and so on.
You had three numbers and a goal and came up with a table, so, so surely it's a worthy idea. You, or rather, "the engineers", will just have to work out a few details.