The reason wealthier people often pay little or no tax is because they are able to buy the people who write the rules and then convince those on the other end of the economic spectrum that it’s all for their own good.In theory, the progressive tax system is great. But in actuality, it’s common that those more wealthy pay little to no taxes.
In my mind, I’d say to tax wealthier people and corporations more. Funnel more to public school systems, public works, etc. and create additional higher earners. We have a tax an economic mobility problem in America
Take the inheritance tax debate. .01% of estates pay any inheritance tax yet redneck Billy Bob who will be lucky to inherit a pack of cigarettes will bitch and moan about how we should abolish the inheritance tax. All the billionaire families thank you for your support.