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by thisarticle 1395 days ago
> Rich folks only need so many mansions, yachts and designer sweat pants. This would further shift the burden of taxes onto lower income folks who spend 100% of what they earn.

This is a feature not a bug of that plan. There’s no amount of tax that’s too low when the answer to “How much do you need to be happy?” is more.

1 comments

Well when tax is zero and there is no military to protect your assets thereby making them worthless as they are stolen. So perhaps there is a "too low"
Costa Rica does not have a military (https://en.m.wikipedia.org/wiki/Public_Force_of_Costa_Rica) and yet there are still assets.
Two things:

GP is clearly referring to a police force to protect assets.

Costa Rica's police are used as a military force. https://archive.nytimes.com/opinionator.blogs.nytimes.com/20...