May I add ‘how a buddhist should manage his wealth’ (from the Sigalovada sutta - สิคาโลวาทสูตร[197]) 1 part to enjoy, 2 parts to re-invest (in business or asset?), and 1 part to saving. ( – taxation is not mentioned there but elsewhere in the Tipitaka there are talks of ‘ wealth may be seized by rajas’, so I would say the amount is after tax.)

I do see that the principle is right (though not the exact percentage) for both ‘hard and soft’ wealth. But for the people who are deficient in meeting cost-of-living, it is absurd. As a ‘good’ society (or nation), there must be adequate support with dignity and grace to maintain health, gene pool, morality and/or values in society, so that people do not fall to ‘evil’ side (and mental problems) to survive.

Let’s us support adequate cost of living support - adequate pension for all. Not just retired public servants, bu all people. Most people have already contributed to the nation by their struggle to survive. They should not be condemned to poverty forever in their old age.