Which of course will be ripe with caveats and loopholes for accountants to take advantage of.
Combined with the fact that they won't be taxed when they earn wealth but only when they use it, a significant advantage allowing one to let wealth compound tax free until the last second when it is used and taxed.
When you come up with these things it's not a simple equation, it's a game of chess or an evolutionary arms race. This doesn't obviously cause that. You're playing on people's motivations and loopholes which can be found and exploited. Just like a computer program doesn't always (never) does exactly what the programmer intended on the first version. There are always bugs and exploits and weird behavior nobody thought of.
Combined with the fact that they won't be taxed when they earn wealth but only when they use it, a significant advantage allowing one to let wealth compound tax free until the last second when it is used and taxed.
When you come up with these things it's not a simple equation, it's a game of chess or an evolutionary arms race. This doesn't obviously cause that. You're playing on people's motivations and loopholes which can be found and exploited. Just like a computer program doesn't always (never) does exactly what the programmer intended on the first version. There are always bugs and exploits and weird behavior nobody thought of.