Most millionaires didn't get there without hiring anyone. They also pay for many other things that most likely require paying people (assistants, etc). So, th

Most millionaires didn't get there without hiring anyone. They also pay for many other things that most likely require paying people (assistants, etc). So, those millionaires are providing jobs to the economy which in turn adds more tax revenue to the government. "Why should I care what percentage the millionaire pays? Because if they pay a lower percentage, then I have to pay a higher percentage (or receive less well-funded public services)" This is the problem with government entitlements. People get used to certain cervices and when you try to take them away (less tax revenue, no funding, etc), you get riots in the streets. There are already problems with this line of thought in Sweden and France. The government has started cutting back because they can't afford these services anymore. I'm not surprised by this because the system just doesn't scale (I think of it like running a business). The problem I see is that when you dump 60-70% of your money in taxes to the government, you don't have that much left over to save. In 10 or 15 years, if the government collapses, are you going to have enough to get by without it? Nobody thinks long-term, they only think about the now.