"Saving the empovershed by empoverishing their counterparts will empoverish the whole."
This is the stupidest statement made as there is NOTHING in place that can empoverish the counterpart of the currently empoverished (the wealthy). Here are my contentions.
1. The opposite (or counterpart) of the poor are the wealthy... correct? There is no opposite of the middle class because they are in the middle (though they are not the focus of this post).
2. If one is making a million dollars and is taxed let's say 10% more then the current rate (let's say 25%)... how is taking home an annual salary of 650k empoverishing the counterpart. What can they not afford now that they could afford before?
3. Even if the salary is 250k a year and taxes are raised to 35%, that would still be 162500 dollars annum. Empoverished??? Get fucking real.
4. On the opposite side of the coin, an individual who makes 25k a year, is taxed just 5% more from 10%, to make it 15% total takes home 21250 annum. Depending on where this persons lives, he is just getting by with minimal necessities... if not having to take up a second or third job.
5. The "oh whoa is me, i'm being empoverished" wealthy can essentially still move about as they please. The other person, well... what do you think.
Now this isn't taking into account the background, as this is just a hypothetical. But the point of the hypothetical is to show the amount of dung that exudes from the statement as it asserting something that is not even a thought or have been gestured... ie empoverishing the wealthy.
Summation: The notion is bullshit. No one is touting for a 90% tax on ANYONE. Lastly, the WHOLE will never be empoverished, another BS assumption that taxing the wealthy a tad more will just SHATTER them (and the rest will follow)... only those that are not wealthy will shatter, as the wealthy have money... money to BUY power and influence to rig the game their way.
Afterthought: Wouldn't empowering the empoverished with REAL paying jobs and salaries, and taxing them less giving them the ability to spend more outside of necessities, which would and should drive up demands, ENRICH the WHOLE? But it seems that ENRICHING the whole isn't on EVERYONES agenda, is it...