Qui bono?
This "cut" is a huge bonus for the oligarchy, meanwhile everyone else loses.

Get this fact into your head, they don't care about you, freedom, or anything but screwing you over. That is how it works. If you have anyone signing your paycheck you are worth nothing beyond whatever work you can be exploited for, you are never going to be wealthy and you'll never feel the pain of the top tax bracket.

This fantasy of Ayn Rand's world being some grand civilization is the root of the fascist party. Greed and selfishness are not virtues.