Middle-class folks are taxed at 20-35%, so it literally works all the time for everyone else. Inequality continues to rise and wealth continues to concentrate. This is because taxes that used to work and be in place for the rich are no longer there. The wealthy used to pay much more tax.
Are you seriously okay with the ultra rich living by completely different rules than everyone else? I think it's probably underestimated how much they get away with not paying.
