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Mr Khan said:

The problem with your theory is that, according to the economy, the 300 hours of the rich is worth much, much more than the 300 hours of the guy working at KFC.

 

An equal contribution in terms of one's effort would still reflect the graduated tax more than the flat one

How is a doctor's time not worth dramatically more than a person who's job requires a very basic skill set and no education, has very limited responsibility with no stress, and has no medium or long term impact on anyone?

@Squilliam

My way to make house prices more affordable was not really a suggestion of how things should be done, as much as it was a demonstration of how the simple intuitive approach to problem solving that is often taken by governments (because it is easy to sell to people) can have the complete opposite reaction that they intend.