> I definitely think that the rich (broadly defined -- both via high income or high wealth) need to be contributing more back to society than we are.
If the goal is to spread wealth more evenly, wouldn't it make sense to tax wealth rather than income? As a general principle of incentives, you want to tax the thing you want less of.
If the goal is to spread wealth more evenly, wouldn't it make sense to tax wealth rather than income? As a general principle of incentives, you want to tax the thing you want less of.