The economical rules that I think make most sense

First, I'll put the rules, then the reasoning behind them.

Economy/Govt is like a MMROPG game & the rules of the game define the experience for players.

Rules:

1- There should be no minimum wage

2- But everyone below certain salary/wealth should get Universal Income

3- Companies / Individuals with most money should pay for it

4- There should be only one tax, wealth tax.

5- Only state should be able to collect taxes and distribute them up and down stream.

Reasonings:

1- Min-wage makes it very hard for new comers to gain experience as businesses won't hire then teach while paying them significant salary. It is lose-lose.

2- Without UBI a person working at min-wage can't live with dignity. UBI basically subsidizes biz to hire and train workers. Without UBI min-wage is required. With automation on horizon, UBI is required anyways.

3- But why should the govt subsidize workers/biz, esp the mega corporations? well, govt should extract most of the cost from richest. But letting small biz gain from the system is still worth it. Small biz are building pillars that allow bigger companies to exist.

4- Is it efficient to weigh every apple or weigh the entire bag of them? N+ taxes cost billions wasted in unproductive admin work. Wealth tax is a reduced form of an equation: (Sales tax, use, income, tolls, property, capital...) => 1. It just looks at net wealth which is the result of everything else. Also, takes care of many other things: 100k in SF, vs 100k in Utah. 100k income but 2k in bank vs 100k but 30M in bank.

5- A polarized nation is forever stuck in a deadlock. If somehow one side does win it undoes everything other side had managed. The solution is to give more autonomy to states. States as a whole are less polarized. Also if you don't like something then it's easier to change state than a country. Making states the sole authority able to tax, make states govt more relevant and simplifies regulations for business.