This is a part of a broader thesis, which also argues the ‘comfortable subsistence’ should be treated as a right.

The taxation wouldn’t be required to pay for anything, its primary purpose is to constrain inequality, and incentivise continual elevation of the social floor.

I’d like to see ‘wealth’ accumulation and persistence as a legitimate proxy of how much someone has contributed to and supported the society they participate within, as opposed to its current form of how much they’ve extracted from and damaged it.

It should be progressively more expensive to remain rich.

Figure out a baseline of what’s required to provide comfortable subsistence.

Set a tax rate of 0.01% for income above 10x the baseline.

Set the tax brackets to:

• 0.1% for >100x
• 1% for >1,000x
• 10% for >10,000x
• 100% for >100,000x

If you want to earn more and pay less tax, you work toward raising the baseline.

An economy is a construct provided by the society to help facilitate its function. Hoarding wealth denominated in its currency is intrinsically sociopathic, and societies which tolerate it are suicidal.