You don't need to raise as much when you don't need to subsidize rent-controlled housing, unemployment and other expenses related to high cost od living in places of abundant work opportunity.
That said, you roll out the new policy gradually by reducing labor related taxes while increasing land and monopoly related ones.
After several iterations you should expect convergence to a new stable position.
It's better to prefer iterative deployment over big bang changes. Not only in software.
That said, you roll out the new policy gradually by reducing labor related taxes while increasing land and monopoly related ones.
After several iterations you should expect convergence to a new stable position.
It's better to prefer iterative deployment over big bang changes. Not only in software.