Comment: at first glance it sounds

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at first glance it sounds

at first glance it sounds nice but the problem is where would the government get the jurisdiction to seize a percentage of profits from a particular segment of the economy like that? if they had that much authority, they would shortly expand it into every other segment. I still think the existing constitutional limitations on taxation are adequate but we have to restore private property rights. The real problems behind our current system are that we don't hold true title to ANYTHING. Since all title is held in the state, they can tax us on anything and everything since we are using or leasing the state's property. any discussion of new tax systems that don't restore private property rights is just urinating into the wind.