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by toofy 2955 days ago
> 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.

1 comments

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?