I make this point routinely to my friends and family. All the “tax the rich” chatter is a stalking horse for what they really want, which is to tax the daylights out of everyone. They know good and well that there are not enough rich people to finance their grandiose dreams, and that the real money is within the middle class. But they start with this 1% crap, because it plays well with the envious and lazy. When that doesn’t bring about Nirvana then they will go after the top 2% making $150k or so. Then they’ll ratchet it down, down, down. 100,000; 50,000; 30,000; etc. The way this ends is with anyone caught hoarding two bread crusts instead of one being shot as a class enemy.
“The way this ends is with anyone caught hoarding two bread crusts instead of one being shot as a class enemy.”
Sounds like you’ve read up on Soviet history. I wish more people would.