Dave5

This ends in two ways… the rich acquiesce to a tax regime that supports host they parasitize or guillotines.

Canada’s Gilded Age is terrible for workers and bad for the economy. As the rich gain more power and entrench themselves further, the economy becomes less productive, and workers lose leverage to secure fair pay, better working conditions, and advocate for a robust welfare state. The more the rich consolidate power, the more the government prioritizes their interests over the many.

https://jacobin.com/2024/01/canada-ceo-pay-inequality-housing-tax-policy/