The Slogan Is Simple. The Damage Is Not. “Tax the rich.” It fits on a bumper sticker. It trends on social media. It wins applause at progressive rallies and faculty lounges. And even if the people pushing it aren’t running the federal government right now, the danger is real: this idea is popular enough that it can become law the moment the political winds shift. Because once a slogan becomes a movement, it doesn’t stay a slogan for long. But here’s the uncomfortable truth: when you target capital, you’re not just targeting billionaires. You’re targeting the engine that drives wages, jobs, and upward mobility. Capital builds plants. Capital funds expansion. Capital buys the equipment that makes workers more productive. And…
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