[scarface74]

You really think the "populists" who want to "tax the rich" are going to stop At the 1%? It's not the 1% they despise - as evidence by the election - it's "the liberal west coast elites". The other 80% with households making less than $116K year would just as likely start taxing everyone who makes more than that.

Have you noticed that most tax deductions that are designed to help the middle class phase out in the $120 - $160K?

[toofy]

> You really think the "populists" who want to "tax the rich" are going to stop At the 1%?

Yep.

Most people are perfectly capable of distinguishing between a middle class 2 bedroom house and someone who owns 15 vacation homes, a private jet, and private islands.

The real question is whether or not middle class people will punch down and behave as if no one can distinguish between a multi billionaire and and a normal middle class person or whether the middle class will refuse to let the billionaires put all of the stress on the middle class.

[scarface74]

Someone living in a trailer park in thier mid 40s will see my 5 bedroom house in the burbs - something any developer with 8+ years experience can afford in my market - just as out of reach as what the millionaire can afford. They will just as willingly vote for a politician to raise my taxes as they would the billionaire.

How many people making the median household income of $60K a year will object to a politician saying tax everyone extra making a household income of $116K- the top 20% of household income?