Fuck that how about a REgressive tax? The more money you make the less you pay in taxes. We will solve homelessness. Your incentive to work is not starving to death. Imagine all the overtime hours young people would work just so they could move up a bracket. We would smash China in a single year with our productivity. All the welfare leaches would be working 60 hour weeks so they can pay under 20%.
It will actually equal out fairer to the amount you pay to the state. Because low earning people contribute less to taxes as it is. The top 1% right now pays over 40% of the countries taxes. While some able bodied young people dont work and play video games, get welfare, and not contribute anything to society. This will be good for the youth to make them tougher.