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The first rationale step is to ensure that tax rates don't go down as income increases. I am not sure if historically high marginal tax rates will translate to growth as they seem to have in the past. However, in a democracy, it doesn't seem just that the middle class pay a higher tax rate as the wealthiest.
In that line of thinking, the Buffet rule makes some sense to me. Unfortunately, I think the Buffet rule has more to do with this election than what might actually get implemented. IMHO the Democratic party is entirely too apologetic. Even when on offense, they are usually playing defense to a narrative set by the GOP. They Dems are doing a terrible job as liberals. Anti-progressive (regressive) taxation is an absurdity in a popular democracy. It exists due to the asymmetric influence of the wealthy, and that is not a democratic phenomenon.