The issue I see is inflation if you increase the monetary supply and disincentivizing people that…
hephaestus
41

Studies have shown that the opposite is true as far as incentivization. While this is a developing nation example, check out some of the results of — http://www.basicincome.org/bien/pdf/munich2012/haarmann.pdf

Also, we need to shift _what_ we tax moreso than how much. Land Value Taxation is a far greater inequality / wealth tax and is not distortionary.

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