> Even if you were right, the point remains that limiting the upside of risk-taking also reduces the incentives for middle-class people to innovate. No, it doe

> Even if you were right, the point remains that limiting the upside of risk-taking also reduces the incentives for middle-class people to innovate. No, it doesn't: relative to middle-class net worth, hitting it big makes you orders of magnitude richer. Even if you taxed that level of wealth at 95%, it would still be absurdly rich compared to the mean.