There isn’t enough wealth flowing through the system to generate the needed revenue to run all the government responsibilities and culturally driven expectations. Being aware that the government only collects taxes on money that changes hands between American citizens (at least at the federal level) and all attempts to inject “cash money” that was empty and void of actual wealth (determined by taking ones assets then subtracting liability obligations and coming up with ones “wealth” amount) has failed. A way to encourage that flow while respecting the constraints of a free market society is in order.
The proposed solution:
Exchange the current practice of requiring a minimum wage for one of a minimum percentage of highest income. This would be know…