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this post was submitted on 26 Oct 2024
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It certainly is. There shouldn't be any people who have that much more than everyone else that a tax bracket that high should even exist. To get to that point you have had to be exploiting others, and allowing them to continue to exploit society and have vastly more power than anyone else, as long as they pay back some (even 90%, that still leaves the likes of Musk and Bezos billionaires) is still maintaining the status quo, no matter how socialist it makes you feel (90% tax isn't socialism, workers owning the means of production is, which leaves no room for such disparity). So feel free to ask yourself that same question I asked above.
E: as for feudalism, that's all capitalism is - feudalism with extra steps. You having been indoctrinated to believe there needs to be a ruling class doesn't mean that's true.
I agree that there shouldn't be any people with that wealth, and so does the person you were responding to. But taking away 90% of people's money above a reasonable threshold is definitely not going to help those people become ultra rich. It would make becoming ultra rich more difficult, and instead spread the wealth across the wider population - decreasing wealth disparity.
And although there is almost certainly a better way possible, this method is relatively easy to implement and is an obvious improvement over our current situation. So we can just go ahead and do it while we continue to find consensus on a better system in the long run.
You seem to be arguing that taxing the rich is somehow bad because it isn't perfect. Your argument makes no sense. You are saying that taking their money helps them maintain a position of wealth. That makes no sense. Of course taking their money will make them less rich. Surely that's easy to understand.