So you want to tax the rich? OK, let's start with Harvard
If people really wanted to tax the rich the majority of taxes would come from sales taxes and minority from property taxes. Eliminate income taxes including capital gains taxes. Capital gains taxes are at a laughable rate anyways.<p>Income taxes primarily tax the upper middle class not the rich or poor who either make no employment income or an insufficient amount.<p>Everybody buys things though. To be fair to the poor eliminate food and water from sales taxes, which are not candy and soda. To be fair to everybody else eliminate deductions.<p>Wealthy people who throw away money NFTs for $50 million should be charged a sales tax just as poor people who thrown away $100 per month on television packages. The argument against sales taxes is that they are a barrier to transaction frequency which is the heart of economic health, but they would cover everybody far more fairly. The only escape is to not purchase things.<p>For most people wealth is tied to property, but just about everybody pays property taxes even if they don’t own property. For renters the expense of property taxes is indirectly passed to them as a basis of the rent. Higher property taxes burden more expensive property owners (and renters) disproportionately so it does tax the wealthy more, but not that much more since those expenses are redistributed in various ways through costs of living.