&gt; <i>They may push some of this money back into their company, perhaps raising the wages of some (or all) of their employees.</i><p>This is a good point that I&#x27;ve never seen brought up before. How much of increasing inequality (whatever your definition of that) can be attributed to stagnating wages at the bottom 4 quintiles, because the tax climate isn&#x27;t sufficiently incentivizing reinvestment?<p>On the whole my first instinct is to oppose new or increased taxes if only on philosophical grounds, but this may be cause for a second look.