A facet of world history that stood out to me as a high school student was the difference a robust middle class made in the stability of a country. Lots of destitute people (aka people who don’t have much to lose) and you have lots of civil unrest, lawlessness, and insurrection. Lots of middle class people (people who aren’t rich beyond all telling, but have enough that they want to protect ‘their’ stuff), both the upper and ruling classes retain their power and resources for decades if not centuries.
I thought of this whilst reading an article about rebranding “entitlements” as “insurance” — Medicaid as insurance in caseĀ you yourself become disabled in the future. Social Security against you yourself getting old someday.
But taxes for entitlements are social stability insurance. The entire point of redistributing income is to ensure a sufficient portion of the population is happy enough that they work to preserve existing social structures.