Our core problem is that the majority of policy makers are unable to imagine a nonlinear mathematical process which nicely describes taxation..
A sensible situation may be to allocate thirty percent of all income to a taxation accumulation account. Then government agencies bid for this money through the size of discount they will accept with the discount bouncing back to the taxpayer. Best discounts would be subscribe quickly with maximum individual shares rationed in that case. Less popular programs may well even go to a premium until time runs out and buy-ins are forced.
Tax Competition: A Practical Way to a Low-Tax World
“People are moving into low-tax New Hampshire and out of Massachusetts. Into low-tax South Dakota and out of its neighbors. Into low-tax Tennessee and out of Kentucky. And into low-tax Florida from New York, Connecticut, New Jersey, and just about every other high-tax state.”