Higher income taxes only protect the rich, because their wealth is largely asset, not income based. Unless you go full Marxist and seize property (assets) highe

Higher income taxes only protect the rich, because their wealth is largely asset, not income based. Unless you go full Marxist and seize property (assets) higher income taxes only prevent the middle class from accumulating wealth. Warren's asset tax for medicare for all is the fist serious contemplation of asset seizure that I can think of by a mainstream politician in recent memory. Similarly, massive redistribution of wealth just further divides society into givers and receivers. The elite will continue to control the government, education, and big corporations and continue locking out the receivers. In Europe, for example, the same families have been rich and in control forever, because the high income tax scheme protects them from new entrants, while their assets continue to appreciate. The middle and lower classes are supplicated through state benefits, so moving up the ladder isn't as much of a concern. By the way, I am not against high taxes and redistribution, but people should be totally aware of the trade offs being made. High taxes and redistribution are often sold as "socking it to the rich" but in reality it is the complete opposite and cements the position of the rich. I agree University reform is absolutely needed in the US. The cost is too high, we subsidize garbage degrees, rich kids benefit the most from it, grades are too subjective (because outside of engineering/medicine objective testing is racist/sexist/etc.) Kick out the legacy students that shouldn't be a factor at all.