Earlier quoted context omitted.
I agree that the purpose of taxation is not to keep consumption in check. I don’t think that wealth inequality is a problem, and therefore don’t agree that taxation should be used to address it.
If you want to shift tax burden from very wealthy Americans onto average citizens, what do you hope to achieve with that? What is the purpose of taxation then, in your view? > I don’t think that wealth inequality is a problem I have a very hard time understanding this perspective. Wealth can already buy (directly or indirectly) all forms of property, political power and even legal outcomes. I see no real way to remed…
Both wealthy Americans and the middle class consume approximately the same government resources, and it’s not fair that the upper class should have to shoulder the majority of the tax burden.
> What is the purpose of taxation then, in your view?
To fund the government.
> Wealth can already buy (directly or indirectly) all forms of property, political power and even legal outcomes.
I don’t agree with this claim. Bloomberg outspent his opponents to an absurd degree, which resulted in him losing by an embarrassing amount.
> Would you want to provide less equal opportunity in life for Americans is general, or would that be an undesirable side-effect?
I don’t agree that wealth inequality results in less opportunity for anyone.