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I would assume the thought process is that the people with all the wealth are able to use that wealth to purchase political power, and they will not allow thems

I would assume the thought process is that the people with all the wealth are able to use that wealth to purchase political power, and they will not allow themselves to be taxed.

BugsJustFindMe 19d ago
Your assumption came from your head, not theirs. There are other possibilities too. We gain nothing of value by assuming.