I thought that in 20 or 30 years everyone in the private sector would have been driven to the underground barter and cash only economy, so the only people who would pay income taxes would be government employees. Of course, to finance the government it would be necessary to tax all privately held property including a holding tax on the stock market; you'd be billed monthly based upon the end of month unrealized value of your portfolio.
Hey. The system worked for the Soviet Union until it didn't. Where they led, we're following.