On the other hand, many liberals just want to tax rich people a lot. Not for any logical economic reason, just because they want to tax rich people a lot. This is something we might describe as a prejudice, a preconceived reason that is not based upon logic or evidence. The science tells us not to, but then it’s amazing how little attention is insisted upon how we must “follow the science” when this conflicts with progressive prejudice.
It’s almost like we keep being given excuses for bad taxes rather than serious rationales, isn’t it?