Biden’s Multitrillion-Dollar Gamble - WSJ

I think there’s considerable tax-the-rich fervor among centrists and independents too, but I think when people imagine this they’re thinking billionaires on vast estates. Instead, it may come down to a couple with three kids in Westfield, N.J. Husband works full-time, wife part-time; together they bring in $500,000 a year. Pretty plush. But with federal, state and property taxes, sales taxes, mortgage payments, the kids’ braces, the babysitter, maybe private-school tuition, they don’t experience themselves as rich.

I don’t like Peggy’s writing often, but man did she hit this nail on the head.