Save the rich!
Tax the poor!
Serious question.....
Let's say you effectively tax the wealthy enough to knock their disposable income down.
Louis Vuitton sales clerk, tiffany sales clerk, luxury automotive manufactures, rolex clerk, nordstroms, high end restaurant waiter and cook, hilton, sheraton, high end vacation area employees, day spas, nail salon, jewelers and on and on.....
All these people who rely on wealthier customers for their jobs.
They all lose their middle income jobs because the rich buckle down due to loss of income...
What happens to them? Unemployment?
Does that help our economy?
Cause the wealthy support alot more businesses than you may realize.