Yes, but that's more on the capitalism side. Look at the US. They have a MASSIVE divide between the rich and poor. They have little socialist programs. Trump's big achievement when he was president was passing a tax cut that helped the rich. They thrived with that, and, as we've seen time and time again, trickle down economics Does. Not. Work. All it's done since Regan implemented it was build wealth for the already wealthy, and depress wages and growth for the lower and middle class. This divide exists in every country, but you'll see it is much smaller around the world. But, it should also be mentioned that other countries, including Canada, have given tax breaks to the wealthy and to big businesses...But instead of increasing worker pay, or even investing in the company....they do share buy-backs to help inflate the stock price and increase shareholder value....
Look, I'm not saying the successful shouldn't be rich. What I am saying is that they should pay the same tax rate that everybody does. Imagine what the world could do with that money? Drastically reduce hunger, provide shelter for the homeless, deal with the mental health crisis, reduce poverty, invest in infrastructure, have top notch education systems. Instead, we see the ultra rich buy yachts or sports teams...or buy social media programs to spread lies about socialism or vaccines...