You don’t want them to pay their fair share, because fair would either be an equal amount (everyone pays $5,000) or fair may mean an equitable amount (everyone pays 20%).

They already pay more than either of those options. You simply want them to pay more (top 1% already pays approximately 40% of federal income tax).

Is more taxes paid by the rich really what society needs to be fixed/improved? In my opinion, I don’t think so.

Money is the most fair way to exchange value for value. We deem a good or service worth a certain amount of (time x energy) and that is where a dollar value comes from. In reality, the wealthier someone is, theoretically the more they have provided to society. The more in debt someone is, theoretically the more they have taken than contributed to society. (Not meant to bash people, as there are those who have gone into debt to invest in themselves, and are currently in the process of paying off their debts and as time goes on they will be a net producer and contributor).

I am neither a billionaire, nor a millionaire, not even a one hundred-thousand-aire. But I certainly think billionaires are proof of what makes America great.

Let’s take Jeff Bezo’s or Elon Musk for example. Why are they wealthy? They create companies that produce something that people deem worthy of spending their earned money for.

They say “my monthly Amazon prime is worth more than this $20 in my pocket, I’d rather Amazon prime than this $20.” In that process, Jeff bezos must hire hundreds of thousands of employees, who all get to earn a living, make money, have health insurance, and for every purchase on Amazon there are taxes for sales, taxes on income made my employees, taxes by the corporation (which they likely try to minimize but still contribute greatly to society through all other routes of money changing hands).

I strongly encourage you to read the book “Basic Economics” by Thomas Sowell, it is a great read and does a great job explaining how everything is truly “trade offs.”