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I very clearly stated "keep raising taxes on the rich until trend of accumulation of wealth at the top reverses".

"Keep raising taxes" means gradually increase them, why gradually? Because there is no way of knowing specific number when this [trend of disproportional accumulation of wealth] happens. This is also why I can't just give you some [fixed] number, and call it "fair level of tax". "Trend of accumulation of wealth at the top" refers to income distribution (see: The Graph I discussed with Derid) that tends to get channeled to already rich people.

We now have top-heavy wealth distribution that hasn't been seen since before great depression - in simple words "very few very very rich folks" are out there doing well and everyone else isn't doing so hot, better situation would be "some very rich folks" where more people are better off. Again, we want more rich people but not quite as rich and not at a cost of shrinking middle class.

If you want to get more rich people, instead of making existing rich people even richer, you have to raise taxes on the very top earners.


I re-stated my "The Graph" opinion in other thread, I simply don't see how I can simplify it more than this. If this isn't clear, I don't think we have enough agreed-on concepts to facilitate any kind of communication.

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