I am not a millionaire - yet\ - but I.believe this post captured a key insight. Once we can make a clear case that it takes money to make money, even Scrooges will rush to bo voluntarily pay taxes if THAT unlocks the door to mote after-tax wesltn for them.
Yes, it’s gotten so extreme that even some of us Richie Rich folks want governments to tax multi-millionaires’ wealth.
Read Millionaires for Humanity's response to @propublica 's news that the 25 richest Americans paid a tax rate of just 3.4%.
https://news.trust.org/item/20210610102249-uefrv/ …pic.twitter.com/47mAYo9Vu6
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