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I think it's more that the upper middle class gets hammered while those above do not, so it feels like punishment and adversarial. The way things are right now,
by bmitc 4y ago
I think it's more that the upper middle class gets hammered while those above do not, so it feels like punishment and adversarial. The way things are right now, everyone has to play the "get as much capital as possible" game because it's the only way to support your family and progeny, but as soon as you hit a relatively low threshold, you start receiving a huge amount of tax pressure. If we redistribute wealth, we redistribute infrastructure, homes, education, medical care, etc. this pressure could be relieved by not forcing personal capital to be deployed and responsible for such support structures.