I agree with most of what you say except taxes.
I’m not against taxes. I’m against what our taxes are spent on. Bombs, corporate welfare, tax breaks for the rich.
I like the idea instead of implementing a maximum income. Not wage, income, meaning from all sources. It can be quite generous. If someone needs more than say $500 million PER YEAR to live on, that money is best spent on therapy.
Corporate profits should be limited by percentage. Stock repurchases unqualified as a cost. Any income above the maximum should be taxed at 100%. Profits made by offshored labor taxed at 80% or higher. By that method, trickled-on economics could potentially work. Corporations would be forced to create jobs and increase wages to survive and/or profit.