Adding a cap to the current system would improve efficiency (there would be no disincentive to earn income beyond a certain level), while maintaining the natural safeguards against confiscatory government that are built into the income tax.
There are no safeguards against government overreaching with income taxes.
mnli hypothesis: There are no safeguards against government overreaching with income taxes. premise: Adding a cap to the current system would improve efficiency (there would be no disincentive to earn income beyond a certain level), while maintaining the natural safeguards against confiscatory government that are built into the income tax.