I oppose higher tax rates on the rich precisely BECAUSE of the adverse affect it will have on the poor.
The rich happen to have a function in the private sector, and that of course is to put excess capital at risk. Without having altruistic motives, the rich function as benefactors to the poor, because they are our employers and our investors.
Extracting money through taxes from the rich causes layoffs (harms the poor), and increased prices on everything, every product and every service, that these rich employers provide. This also harms the poor.
In short, the poor will pay disproportionately for the increased taxes on the rich.
This is the way we should be articulating our opposition to taxes on the rich.
While I totally agree, perhaps we DO let the “rich” pay more and PROVE the folly of doing so to the cretins who LOSE because of it.Rub their noses in the pile of crap they create....
The pubbies don’t have the stones to defy zero so get it over with and do it. They will NOT make friends letting us go over the cliff because of the rise of everyone’s taxes...dumbles are just waiting for that stupid move...