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IMO,
(1) The rich are rich because they keep doing the things that made them rich.
(2) The poor are poor because they keep doing the things that made them poor.
When you increase taxes on the rich and give it to the poor, the rich will continue to do (1) and the poor will continue to do (2).
The rich will stop spending and increase prices on goods and services to make up for higher taxes.
The poor will complain about high prices but still spend on the higher prices goods and services once again making them poor.
Repeat steps (1) and (2)
When a poor person wins the lottery do they stay rich or become poor again?
If rake was 1% at 10NL and 70% at 500NL would anyone play 500NL?
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