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by the time the tax forms are mailed out the GDP/head for the previous year has been computed.

I can see the advantages of that.  But what portion of GDP does total national wages form? Can I presume that the individuals income would be all income, including dividends, investment income, etc?

In the US we need to put high taxes on large estates as well.  As Willie Sutton observed: "Cause that is where the money is."

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat May 31st, 2008 at 01:06:42 PM EST
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It's an income tax, not a wage tax, so indeed all income must be taxed similarly...

And about taxing estates, that's why I talked about wealth tax upthread...

Un roi sans divertissement est un homme plein de misères

by linca (antonin POINT lucas AROBASE gmail.com) on Sat May 31st, 2008 at 01:08:55 PM EST
[ Parent ]
I missed that, skimming through the thread.  But I am letting the day get away from me and must get some yard work done.  Later.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat May 31st, 2008 at 01:41:54 PM EST
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