Except the Messiah come it will be. Its standard payout will reduce most Americans' income more toward a global average. Wealthier Americans will pay more taxes; even when they thought they had tax shelters.
If I told you how much I pay in taxes now (as a percentage of my income) it'd blow your mind.
The top tax rate in this country is WELL over 50% if you live in a state that has Income, Property, Sales Tax and other taxes on income like we have here in Illinois.
The ONLY thing that keeps me above water financially is because of how I choose to live and the things that I DO NOT spend money on.
The only thing that keeps me here until June of 2017 is my youngest son still being in high school. My family moved TWICE while I was in high school and it sucked for me. I won't do that to my youngest son.