How much income tax should one person have to pay?
Should any one person have to pay more than a million euro in income tax?
Remember that they'll pay VAT on what they spend and other taxes.
Why not set a cap above which people stop paying income tax?
If it was one million what would the loss be? Would it bring income into the country that currently never gets repatriated?
Would we attract wealth creators like they do in Switzerland?
Would be see an increase in spending in luxury goods?
Another advantage is that most of the tax avoidance industry would cease to exist overnight.
Should any one person have to pay more than a million euro in income tax?
Remember that they'll pay VAT on what they spend and other taxes.
Why not set a cap above which people stop paying income tax?
If it was one million what would the loss be? Would it bring income into the country that currently never gets repatriated?
Would we attract wealth creators like they do in Switzerland?
Would be see an increase in spending in luxury goods?
Another advantage is that most of the tax avoidance industry would cease to exist overnight.