It will affect everyone eventually, even the people collecting the dole. First they steal the wealth of the billionaires, then they have to move down to the millionaires because they ran out of billionaires to steal from and so on ... soon no one has any motivation to work hard or be entrepreneurial and then there is no money to hand out to the lazy class and the whole society falls in a heap.
The same thing has played out time and again, USSR Cuba Venezuela to name just a few. It's amazing the level of stupidity required to push such a well proven failure
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Our ABC promotes a "Wealth Tax" proposal., page-4
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