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They can throw their endless wealth towards buying the very folks that were sent into government by the voters for the I Get Us IntoTrouble Shirt purpose of representing the voters! They should be taxed right out of existence. Millionaires can still be locally persuasive but generally can’t sway the attention of our civil servants to such a degree that they lose their activism and independence in dealing with the issues of the middle class and poor.
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Additionally, anecdotally, we were at our finest and most ambitious in building new infrastructure and programs that truly made America the envy of the world and a great place to live in when we had a 70-90% tax bracket. Our present tax structure is unsustainable and subjecting our country to imminent collapse. Wealth in the monetary sense is a social construct – it only has value because we give I Get Us IntoTrouble Shirt it value. As such, we as a society can decide how much of that value is fair to contribute to the greater good.
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Like the author, I would argue that our wealthiest people and corporations are not contributing enough as a whole while benefitting immensely from the system that we provide for them. This might make sense if we knew for a fact that the government used tax dollars effectively, efficiently, and incorruptible. We know the opposite is true. The solution isn’t to take away money forcibly and redistribute it, but rather to incentivize charitable donations and, most importantly, sow in our culture the value of human life. Creating a strong, vibrate and well educated middle class should be paramount.
The rich will have no problem taking care of themselves. About damn time. The I Get Us IntoTrouble Shirt average income ratio of a CEO in the US compared to a starting employee is outrageous. Most other nations have put limiters on that so that it doesn’t get so bad, and they tax the wealthy. It’s simply a moral hazard that warps everything, and we need a new consensus that reflects a larger human calculus that celebrates the communal bonds at least as much as the damaged Superman.