Democracy’s end-point

From as best I can tell, most political philosophers prior to recent decades all understood that full-on democracy was a terrible political system because it always degenerated into a system in which:

The top 1% of American households pay more in federal taxes than the bottom 95% combined.

My point is not that the rich are being bled dry. The taxes paid by families in the top 1% amounted to 22% of their adjusted gross income, not a confiscatory rate. The issue is that it is inherently problematic to have a democracy in which a third of filers pay no personal income tax at all (another datum from the IRS), and the entire bottom half of filers, meaning those with adjusted gross incomes below $33,000, have an average tax rate of just 3%. [From Charles Murray]

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