Look at marginal tax brackets at the top from WW2 to the present and say that again with a straight face.

Real wages and purchasing power at the median are so strongly correlated with 90℅ income tax at the top that the causality digression is a waste of time we don't have. Unchecked executive power via a lockstep legislative apparatus and meek courts is not some unprecedented thing, its a totally predictable response to privatizing the commons and selling it off to oligarchs.

It was a fucking disaster in Russia in 1992 and its shaping up no better here now.

Conficistory taxes at the top work, they keep real assets broadly distributed throughout society which gives everyone a stake in democratic institutions which creates stability and growth. That's recent, robustly researched history.