(November 12, 2010 at 2:17 am)Loki_999 Wrote: Its definitely a nice idea. Not sure about 10% though. The rich have good accountants who are good at (legally) hiding earnings. Laws would definitely need to be simplified for these loopholes to be closed.Well in my imagined system, I wouldn't allow for "legal" ways to hide money. It would be very simple: Take what you earn each year, work out what 10% of that value is, pay the state that amount.
I think 10% is a good value. Any more and the poor will be affected. Any less and I doubt a state could function properly. Of course, you'd have to implement such a system first to see the optimal amount of tax to charge. In reality, the figure may flux and be different each tax year.
