There is no goal to ever ban private savings and wealth accumulation. The point is just to snag as much as you practically can through these gradual processes. New private savings will eventually get moved over into the fund through these nickel-and-dime strategies anyhow. Inheritance tax is a good example of this. Accumulate as much as you want in…
“Any Government which does as you suggest will end up in the scrap-heap of history, leaving chaos in its wake.”
Not true. The government of Singapore owns almost all of the land in Singapore, and they do alright. In the US, the federal government owns around half of all the land already outright.
“Would a Government Bureaucrat calculate a theoretical rent value and charge the owner that?”
Yes that’s the idea. Think of it as if the government owns all the land in the country and rents it out to people. That’s not precisely how it would work, but that’s the basic idea. The rent of the land (which is given by nature) would flow into the wealth fund and then out to everyone equally.
With respect to the rent tax, it is the rent *of the land only.* The rent flowing to any dwellings you erect on the land would still be available to you. Funnily, the land rent tax is the proposal that will get the most support from economists of the ones I threw up there.
One of the ideas I meant to include is to require IPOs to give up, say, 10% of their shares to the government as part of the IPO process, yet another way to nickel-and-dime the wealth.
Medicaid and Medicare work pretty well. VA does too honestly, though obviously it could be better. In any case, it is Medicare/Medicaid we are talking about, not VA.