Earlier quoted context omitted.
>think they’ll be Jeff Bezos one day. I see that phrase thrown around a lot. It's a variant of "you're never going to be a billionaire (so you shouldn't be against X)." Why do people assume that you have to think you'll be a billionaire to be against something that would affect billionaires negatively? Is something only wrong if you think you'll find yourself in that position one day?
I think this counter argument is used when people are against something without offering a reason. For example I often hear "The riches 1% pay 80% of the taxes" (or whatever the correct values are). The person makes this argument against the idea of raising taxes, however they aren't explaining why it shouldn't be done Since they don't offer an explanation the assumption is they are either already rich or think they'…
Top 1% earns 21% or income, pays ~40% of taxes (has ~34% of wealth): https://www.heritage.org/taxes/commentary/1-chart-how-much-t...