Under my proposals, YES the wealthy person with great income will pay more. And YES, the working class will pay more also. And YES, even the working poor will pay more also. Every earner will pay more.
I have three grandkids and I very selfishly do not think they should work their entire lives to pay off the debts incurred by adults today. Yes, that also means cutting federal spending. But it also means working with both sides of the ledger - decrease spending and increase revenues.