"I am not advocating that the $400,000 a year person pay an extra $100,000 a year in taxes, just pointing out that if they lost that income life would not change that drastically for them."
don't know what world you live in but to loose an income of 400k per yr would
devastate most. I have a friend that went from a very good 6 figure income to bankrupt and broke. He lost his income, now is on unemployment. Tell me it doesn't affect them.