system
Given the following post, respond as if you're commenting on Reddit:
human
I believe that tax rates should be much higher for people who are extremely wealthy because it won't affect their quality of living whatsoever. CMV

The quality of living for everyone should be the most important thing. Taking money from someone who makes an average amount of money affects their quality of living a lot more than it does to an extremely wealthy person.
gpt
This provides a large incentive to move fortunes out of the country, like what has been happening in France. The rich are the ones in the country that fund new ideas and businesses. When an entrepreneur talks about finding investors for an idea, they are referring to rich people. Taking this money and redistributing it means fewer investment can be made. Non-rich people do contribute to the economy by demanding products and buying them, but they are not as good at funding new ideas, since it can be hard to collect a lot of smaller investments and have it amount to enough. The wealth of a nation increases as the economy innovates and makes more with less. This invariably benefits the poor. Look at things like cars, air conditioning, TV, and household appliances. These were once only available to the very rich, but as new ideas and manufacturing techniques were funded and developed these things became much more available to everybody. Redistributing wealth makes things seem more fair in the short term, but it slows innovation in the economy by reducing the amount of capital available to those who would invest it rather than just spend it.