The only downside is that this mindset turns the world into a steaming pile of dog-crap and makes the problem worse.
Think about what you're actually saying here. You're saying we should shift the "quality of life" compensation burden of THEIR EMPLOYEES away from businesses (who are making boatloads of money), and attempt to spread it out across a few subsets of the population. Taxing corporations or billionaires never works out as planned[1][2][3]....so how does it many any sense that the upper-middle-class gets stuck paying this bill? This is exactly why the middle class is disappearing....which is good for no one.
Think about what you're actually saying here. You're saying we should shift the "quality of life" compensation burden of THEIR EMPLOYEES away from businesses (who are making boatloads of money), and attempt to spread it out across a few subsets of the population. Taxing corporations or billionaires never works out as planned[1][2][3]....so how does it many any sense that the upper-middle-class gets stuck paying this bill? This is exactly why the middle class is disappearing....which is good for no one.
[1] - https://www.ben-evans.com/benedictevans/2014/9/4/why-amazon-... [2] - https://www.nytimes.com/2017/11/06/world/apple-taxes-jersey.... [3] - https://www.icij.org/investigations/panama-papers/