Income inequality is a destabilizing force. One of the purposes of taxation is wealth redistribution, and that can be "mathematically" quite useful if you like your system to have an equilibrium state.
There's a way to look at this non-vindictively.
Re:In the Beginning, There Were Taxes
by AstralStorm on Saturday April 17, 2021 @10:08AM
(#26844366)
We have plenty of ways to spend money: housing, food, healthcare, infrastructure, public transportation, even jobs.
Providing the above for free could be a thing.
Every penny is useful.
Having a list of shit you want the government to spend every spare penny on does not make you informed or particularly intelligent. That’s just a grown-up version of a Christmas wish-list.
The government randomly spending money in bits here in there is not productive.
>even jobs
The last thing you want is the government to add 10 million jobs for only 12 weeks during normal employment.
> infrastructure
Expanding infrastructure that isn’t needed is just more maintenance cost and a waste of money. You need concrete plans for infrastructure that isn’t just a maintenance burden.
> public transportation
Again, this needs actual plans and should provide value. You want HSR from Ely, NV to Portland, OR?
Vague hand-waving of “the government should just spend X billion on Y” is just a perfect way to promote boondoggles.
There is no evidence supporting this assertion. A massive swath of people currently support raising taxes on the wealthy solely to take their money away (“reducing income equality”) without having a particularly sound way to spend it or one that even makes mathematical sense.
https://twitter.com/iamscottenglish/status/12358062448179159...