Interesting comment from the Atlantic article. Hard to believe though that simply raising taxes to support a spending regime won't ultimately result in diminishing returns. The game has changed from governments seeking to create equality of opportunity to governments seeking equality of outcomes. Increasingly the idea that one should take on risk, innovate or establish a business here is a less attractive option. Why bother if Ottawa is going to hammer small business and high earners (who have often invested heavily upfront in education to get where they are - ie doctors and lawyers)? The recent >50% bracket for the so-called "rich" may be relegated to a sub-plot in political circles for now - the feds have been boiling the frog, turning up the heat slowly until the frog (business, entrepreneurs etc) realises only too late that it is cooked. That trick won't work endlessly as capital and jobs are mobile.