> The obvious solution is not to hurt the economy as a whole, but rather for the government to lower the cost of high-quality education, build out social systems, and invest into onshoring select strategic industries by raising taxes at the high end.
Like... Scandinavia?
As an example, yes.
Scandinavia is using oil and gas reserves as a captive tax base. It doesn't really generalize to markets where capital is mobile.
Yes.
Scandinavia is the gold standard for liberals.
Unless you are talking about immigration, and then no one ever heard of them.