“Effective step in administration of a wealth tax.”
White collar people need to save up money for retirement.
Tradespeople can work when they need money.
Unlike 60-year-old managers, tradespeople don’t need to spend months looking for a job.
Unlike 45-year-old engineers, tradespeople don’t need to worry about having money for the next 30 years.
If those managers and engineers don’t have money to spend the tradespeople are pretty well screwed
White collar professional but owned and ran construction businesses for years on the side and when the upper middle class and above stops spending so much money everyone suffers