I know the argument that if you are going to tax the wealthy they won't share and if you let them move the money around, the serfs will get the trickle down. There is some merit in allowing for the flow of capital, but I find it incomprehnsible that it is difficult to make the rich move their money around.I have an idea -- call me crazy, but don't tax income, tax wealth. If you go after the rich man's principal above a certain amount -- say a hundred million, money isn't going to coagulate at the top. I'm no economist, but there has to be a better way to move money around the economy than letting us get "trickled" on.
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