> Do you intend to discourage people from becoming rich by taxing it? That's not the intention, but perhaps a side-effect. A minor one, at that. I'd imagine it

> Do you intend to discourage people from becoming rich by taxing it? That's not the intention, but perhaps a side-effect. A minor one, at that. I'd imagine it would be very difficult to discourage people from becoming rich. A progressive tax schedule certainly does not do much discouraging right now. Now that I answered your question, perhaps you can return the courtesy: Does there or does there not exist a high enough degree of income inequality such that there is a cost borne by society?