"For the super wealthy, the easiest way for them to protect their wealth is to raise taxes." This is especially important for that tipping point of reaching fi

"For the super wealthy, the easiest way for them to protect their wealth is to raise taxes." This is especially important for that tipping point of reaching financial independence in my opinion. Higher taxes will make it more difficult for people on the tipping point to leave their jobs and retire early (Canada puts emphasis on this: taxes on investments have a margin rate, I think in US the rate is fixed, in UK it's definitely fixed, but correct me if I'm wrong). So let's say you make it big on a new altcoin, you have to pay a ton of taxes and your win is greatly reduced. Meanwhile, for who already has a lot of capital, it isn't hard to skirt around taxes because it becomes economical to setup corporations and trusts or to have residence in a different country. I'm not sure I'm explaining myself very well, but basically "becoming rich" for people who could potentially be rich, is hard because the taxman, as much as I think it's fair to pay tax, is taxing the upper middle class the most. "The usurpers are not yet rich. They are trying to get rich. If they do eventually make money, they get to keep whatever is left after they pay their federal, state, and local taxes."