> Unfortunately people are too short-sighted and selfish so it's unlikely taxes will be raised.
I'm curious how the long-sighted and altruistic are going to restore the weakening currents to their best strength. Could you start with how much voluntary tax you're going to contribute, what sort of tax scheme you'd recommend for the rest and how these contributions will affect the currents?
Preferably, a step by step explanation, like an llm-R model would produce.
> going to restore the weakening currents to their best strength
Wouldn’t the more likely scenario be working out how the country will weather (pun intended) the huge change rather than trying to reverse the inevitable?
Either way I imagine step one there is research. Which costs money. “Don’t spend a penny until an incredibly detailed step by step plan arrives from nowhere” doesn’t strike me as a plan for success.
> Either way I imagine step one there is research. Which costs money.
To quote myself, the important part here is "how much voluntary tax you're going to contribute" and "what sort of tax scheme you'd recommend for the rest"
On the flip side Quick, the sky is falling, tax everybody for "research" is going to fly like a lead balloon.
Don't fret at the messenger, it's politics 101...
> “Don’t spend a penny until an incredibly detailed step by step plan arrives from nowhere”
"Don’t spend a penny" and "don't propose a tax increase by an unspecified amount and undefined distribution of tax load" are two vastly different statements, I did not author the first one of these.
In other words, solving the problem does not start with calls for raising taxes, nor are people "selfish" for rejecting such calls.
Did you respond to the wrong comment? I never said anything about restoring currents.
My comment was about dealing with the economic and social impacts that might result from the changing currents.
If keeping the current regime, marginal tax rate works best, from 20% to 90%. And definitely not voluntary. See my earlier comment about the selfish and shortsighted. Everyone must pay their fair share if society is to flourish.
If innovations are allowed in this hypothetical, phasing out income tax in favour of LVT would be even better.
