Comment by JackSlateur

But tax may be easy to implement

I think reversed-VAT is the good way to do

The overall idea with VAT is that you are taxed when you buy things

The reversed-VAT is the idea that you are taxed when you earn money (not "income" as in "salaries": every time some wealth are earned somehow)

Fixed rate, money's origin is of no concern, nor is money's usage

Say, you have a 40% tax on everything (using the same rate is important): - your company sold random stuff: you keep 60% - you earned money from interest / investment / etc: you keep 60% - income from your job: you keep 60% - a gift from your uncle: you keep 60% - inheritance: you keep 60% - exchange some money between your companies: you keep 60% - you borrow something: you keep 100% (it will fall back to 40% tax if that borrow is transformed into a gift) - you earned something of value (non-money gift), in one form or another: you have to pay 40% of its value

The root of all evil is the thinking that tax are made to make "a better world", that it is a tool a (social) justice or whatever

But it must be the same for everybody. Because only then it can be simple. And the more complex it is, the more loophole you have ("whack a mole" style as we have today)

Now, one person could keep all his money. Is it an issue ? No ! First, because he would have been taxed to 40% already. And then, because everybody dies someday. And that day, 40% of this person's riches will be retrieved: which would, again, be nice to the society as a whole: it would damage multi-generational wealth (while not void it).