There's just not enough money in raising taxes on the rich to pay for what people want to do, even discounting the effects of capital flight and other restruct

There's just not enough money in raising taxes on the rich to pay for what people want to do, even discounting the effects of capital flight and other restructurings that will be inevitably employed to dodge such exactions. The federal tax code, at least, is already massively progressive, and the rich pay far above their share of the revenue already.