Another thing worth mentioning is you incentivize efficiency and proper use of physical resources by doing that.
And you don't de-incentivize productive labor (as our current tax scheme does to an extent).
If all tax were things like use of land, use of aluminum in a can, burning of a unit of fossil fuel instead of "you worked an extra hour or invented something, now you owe a greater percent!" I believe society would become much more innovate and efficient.
And you don't de-incentivize productive labor (as our current tax scheme does to an extent).
If all tax were things like use of land, use of aluminum in a can, burning of a unit of fossil fuel instead of "you worked an extra hour or invented something, now you owe a greater percent!" I believe society would become much more innovate and efficient.