Compared to other places, the United States undertaxes billionaires and the enterprises and inheritances that have made them so wealthy.

We justify this choice in many ways, but the most reasonable-sounding may be this:

“If you let the rich think up new ideas, the results will make the rest of us better off”;

the logical flipside is that restraining our idea generators would hurt us all.

In a very real sense, these propositions establish the system we all live under.

But since fire departments and public schools and Tomahawk missiles don’t pay for themselves, the only way to raise the might-have-been revenue is to get it from regular people.

The result is that we raise a lot of money from people already strapped for cash in order to spare the idea-pregnant billionaires,
their stockpiles protected by our consent and resignation

https://the.ink/p/rich-brain