There’s no such thing as “reasonable taxation” because it’s a subjective concept. It’s no better than saying “the rich are not paying their fair share”.
Say you’re settling the tab for big dinner at a restaurant, if your rich friend pays for the steak he ordered, is that his fair share? If there’s 100 of you and he pays for 1/100 of the check, is that his fair share? What if he pays for half the tab, is that enough to be his fair share?
Is it reasonable for society, through taxes, to take more than half of what you earn? (e.g., in CA the top brackets out you at 37% federal + 12.3% State = 49.3% tax rate. And that’s before sales tax!)
Say you’re settling the tab for big dinner at a restaurant, if your rich friend pays for the steak he ordered, is that his fair share? If there’s 100 of you and he pays for 1/100 of the check, is that his fair share? What if he pays for half the tab, is that enough to be his fair share?
Is it reasonable for society, through taxes, to take more than half of what you earn? (e.g., in CA the top brackets out you at 37% federal + 12.3% State = 49.3% tax rate. And that’s before sales tax!)