Of course they can "afford" it. But so what? Every single billionaire can "afford" to be taxed at a 99% rate.
The bigger question: is it in any way fair, just, or moral to tax society's most successful more heavily just for being more successful?
EDIT: The other salient question that I forgot to mention is: "why do we need more taxes?" Our government already can't manage what they have with any sort of reasonable efficiency. Are we really supposed to believe that they'll do better if we give them more money?
The bigger question: is it in any way fair, just, or moral to tax society's most successful more heavily just for being more successful?
EDIT: The other salient question that I forgot to mention is: "why do we need more taxes?" Our government already can't manage what they have with any sort of reasonable efficiency. Are we really supposed to believe that they'll do better if we give them more money?