I know. The whole "services industry" and government bureaucracy create no value but reallocate it. They can't leech from the productive classes forever. There is almost nothing left to take, hence the focus on wealthy now. More bureacracy for more reallocation. A lean and efficient AI overlord is what probably comes next.

SwapMarket

econ

The wealth tax nobody talks about is inheritance / gift tax

fourrules

Tax isn't the cause of the Ponzi scheme, fiat is. 

Tax is a necessary part of securing the commons. Transaction fees are a tax.

In that context, the energy in support of wealth taxes can be redirected to prevent demographic collapse.