[pascalxus]

I think you're suggesting redistribution of wealth from the ultra wealthy. It sounds logical: i use to think this was the answer to. But, The problem is, they're not wealthy enough for it to matter. even if you take every last bit of wealth 100% taxation of all their income from all time from every single billionaire in the entire US (about 2.3 trillion$ for the forbes 400), and spread it around giving it out equally to all citizens of the US, that would still only be about 8000$ per head. Any years after that, you'd get nothing because they'd having nothing else to give.

So taxation on a massive scale doesn't work. The problem isn't that the super rich are too wealthy. The problem is life is too expensive for most people. That's the problem we should try to address. In order to do that you'd have to reduce the cost of housing and healthcare.