But even among the Patriotic Millionaires, there’s little consensus on how long that would take. When I’d asked Morris Pearl how long it’d take to see a genuine narrowing of the wealth gap after the theoretical implementation of a 10% surtax on income over $2 million and other progressive tax schemes, he’d been disarmingly uncensored. “Oh, generations,” he said.
Read that yourself, can you see how mistaken he, you seem. At most it would slow the growth of the wealth gap not narrow it. The gap would still be growing. How long would it take, forever, until a revolution or more drastic changes. Seriously even if you took all income over $2 million you will not close the gap but you might at least buy some good will.
The tone of the story does not come off as contrite or genuine but privileged and entitled.
TEK