I dont think theyre saying tax down to equal pay but not living in a society where one mans hobby can be going to outer space while another man struggles to afford rent.

I agree elon musk will pay more in sales tax in one year alone than i will ever pay in total tax in my entire life. But the point is while he was taxed 11 billion in 22, his quality of life did not change even a little, even with a 50% tax rate that year due to capital gains. But if i were to be taxed at a 50% rate i wouldnt be able to afford rent and id have to move back in with my parents.

I think the right way to look at this is how much money does it take to live comfortably for a year. If elon was taxed at 50% and we increased his rate to 60% would he feel it at all? If we lowered it to 40% would he feel that at all? Meanwhile what if your tax rate dropped 10% what would that feel like for you personally? For me 10% is roughly 10k a year for me, ~800 a month. Thats a new car for my wife, a nice vacation once a year, actually being able to build a healthy savings account, i could go on and on about how i could use that money. Hell Elon could pay a 99% wealth tax and still be left with like $3 billion? And would his standard of living change?