taxes should be lower for milioners and bilioners period. If we had regressive tax system where your tax rate is in negative correlation to your income, that would incentivise poor people to try to earn more and jump into higher bracket.
As an European with seizable(for me) position in SP500 etf, which I never inteneded to liquidate, am actually thinking to completely deinvest from US. Purely because of what Trump did and will do to Ukraine and because of his dismantling of postwar Atlantic security architecture
Lack of geniuses of this caliber today is reason why we don't have to fear AI dominance (or hope for fully autonomous vehicles 99,99999%). There is nobody capable of creating it.