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100% taxation isn't taxation anymore. Money wouldn't even play into things as people wouldn't be working for any type of gain. It wouldn't make sense to maintain a monetary system where the money just goes from the employer to the government 100% without the worker who is "earning" it ever seeing it. That's like giving someone a ham sandwich to hand to someone else who is already standing two feet away - it's inefficient. In a 100% taxation economy someone would notice that inefficiency and then boom - no more money.You don't even want to know what happens after that.Suffice it to say that no one is that dumb, not even leftmost candidate on the Democratic ticket these days.
100% taxation isn't taxation anymore. Money wouldn't even play into things as people wouldn't be working for any type of gain. It wouldn't make sense to maintain a monetary system where the money just goes from the employer to the government 100% without the worker who is "earning" it ever seeing it. That's like giving someone a ham sandwich to hand to someone else who is already standing two feet away - it's inefficient. In a 100% taxation economy someone would notice that inefficiency and then boom - no more money.
You don't even want to know what happens after that.
Suffice it to say that no one is that dumb, not even leftmost candidate on the Democratic ticket these days.
