1. I worked at a start-up in which top management compensated themselves waaay out of proportion to the time they put in and the contributions they made. I don’t dispute that too much wealth is concentrated in too few hands.

But I’d like to see proposals other than higher taxes to rectify this.

2. With a progressive income tax, the government’s revenues are maximized when the nation’s total income is concentrated in the highest bracket (all else being equal). It’s not implausible that, irrespective of its rhetoric, the government will institute policies that maximize its revenues. It’s not implausible that that results in…a system not drastically different from the one we have today: an arrangement from which the government and the wealthy both benefit although they find it expedient to exaggerate their differences.

Just sayin’.