Some days, I still can't believe that people are so foolish as to believe that if you pass laws taxing the incomes of the wealthy, they will not simply move most of their incomes to places where it can't be taxed.
The wealthy should pay more taxes, but progressive income #taxation isn't a good way to tax.
#LVT #LandValueTax #JustRent is the correct solution. You can't move land or equivalent monopoly privileges. They are fixed to location and cannot be hidden. There's no escape. #economics
