On 09/18/2012 06:18 AM, Andy Jennings wrote:
I have been thinking this for a while, and I would love to see it implemented for precisely the situation you describe: the legislature, or even the voters directly, choosing the overall tax rate.
You might want to build in some hysteresis so that the voters couldn't, even theoretically, one year mandate a 100% tax rate and then, the next, a 0% rate.
(Similar measures might also be used to mitigate short-term populism where elections are frequent. In an electronic proxy voting situation, for instance, it may be useful to have the proxies not lose/gain all their power at once when someone subscribes/unsubscribes, but to more slowly lose/gain that power.)
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