IF the wealthy were to not evade the new taxes on those making over $400k per year, they would only raise $370 billion over ten years, call it $37 billion per yearI doubt many if anyone here have anything to worry about making more than 500k profit on a real estate transaction or paying capital gains on income over 1 million and yet as a group us blue collar republicans like robots fight tooth and nail over these tax increases. It makes no sense.
Biden wants to spend at least $6 TRILLION this year alone, or over 160x the projected increase in revenue by 'taxing the rich'
We fight tooth and nail against spending because we know who is really going to end up paying when 'taxing the rich' doesn't pan out. They go after the middle because there are a lot of potential marks and they lack the resources to play the games with their money that insulate the very wealthy from some taxes. Most of savings in those percentiles are in the form of tax deferred retirement accounts and we fear the government may be unable to resist foraging among those accounts
We fight tooth and nail against new taxes for the same reason, no matter what they promise and how much they collect it will never be enough because the appetite is insatiable when government believes any and all problems can be solved by throwing money at it
We played the game well by the rules we were given and resent our hard earned money being used to pay for other's to not work or pay for the college of a stranger (or both). It is just an extension of the resistance to high taxes to pay for other social programs over the years. Government is an enormously wasteful enterprise that cannot solve any problem quicker or more efficiently than private industry, but will never acknowledge its own lack of utility beyond a few basic functions