Income is an intangible, Taxes are an intangible, Neither exists right now, Only the promise of it in the future...
That's what credit is... a bet against a promise.
Which means all of nothing, since it hasn't happened yet, all credit is risk of one degree or another, ...based on tolerance or gumption. If all people are, "risky," then all credit is risk, none can be more credit-worthy; less risky...
So why not turn future liabilities into income, instead of future income into a liability?
Hmm...
Impossible?
Yeah, ...since anything that gives ordinary people power must be impossible. Jesus must not believe in individual power. The Founding Fathers must not have believed in individualism. No, ...only the state backed by a selected wealthy few should determine everyone's fate by economy.
Only a few should have it all....
...no opportunity for anyone else; the weak, poor, untalented, ugly, simple, ordinary, dumb, handicapped; those ones don't matter.
Just NFL players count.
Only singers and actors count.
Only bankers and doctors matter.
Jesus would agree.
Makes so much sense?
Issue tax credits against charitable work performed for charities. Issue a tradeable security valued at 50% of the hourly median wage for the hours worked so that any amount could be cashed-in at one half to market rate as a commodity. Eliminate all future income taxes by performing charitable work whilst unemployed. Reduce the costs of all service or labor by creating an alternative market for such through charities. Help the individual for a change.