crashfrog writes:
It's just their (the wealthy's) fair share, after all
It has nothing to do with "fair". It's "power". It's the people's power to stick it to them as much as they can take (and the people don't feel too guilty), and the wealthy's power to try to hold on. There is no absolute on what is fair in this case. In one respect, "fair" is equal percent of income, and as you suggest, another interpretation could be "burden" on standard of living. That is a socialistic interpretation, but in that view, I guess that is "fair". In any case, I don't think it's fair to use the term fair.