The reason why we distrust people like Biden and Burnie, is because they started with “People who make millions and millions a year” and now it’s down to “over 400K,” and once they’re in power and don’t need to pander, it’ll go down to “over 100K” and then “Anyone who makes over our arbitrary limit for bare survival”.
It always starts out with “billionaires” and always ends up with “Kulaks pay up or face the firing squad”.
And this is just hypothetical either: Its literally the history of the income tax. When it was first passed, the politicians pushing it promised that it would only ever apply to the top 1%
Also the people making over $400k are often responsible for employing the people who make $35k. When taxes go up, the wealthy have the easiest time moving assets or even moving themselves to avoid paying. And in some cases, this involves moving businesses (and jobs) overseas, or involves changing course on business decisions and leaving workers behind.
Tax increases impact the economy, and the economy impacts everyone.
“if we interfere with the rich they will deny us our scraps”
Libertarians are so brain dead.