Glad to see you acknowledge that changes in tax laws will cause changes in behavior. So often we see projections that assume that people will just continue their current behavior without change. The current projections of Biden's proposed Billionaire tax do just that.

Taxes on the wealthy are largely taxes on job creators. That is never taken into account by taxers - they just assume that the rich guy will just go on expanding his business, creating jobs and hiring people, despite them taking from him much of the needed capital to expand.

Bottom line is this: Politicians spend money. They need to raise taxes to cover the money they already spent. The point is to raise as much money while losing as few votes as possible. The point is not fairness. The point is not long range health of the economy.

I would rather the politicians looked to how to raise the money BEFORE they spent it. If they had to face an electorate 100% concerned with the tax increase (Fair Tax), they would be in danger of losing a lot of votes. Might make them more prudent in enacting spending. Much easier when they only lose a few hundred. When we let them play the class warfare card, they win and the country loses.

Despite the characterizations thrown about, right wingers are not against all taxation. Taxes are necessary. Too much taxation is bad. Taxing the job creators can be a net negative to the economy. The effort is to find the most fair way to raise the needed money. IMO, the current system is not it.