Taxing the higher brackets will dissuade rich individuals from reinvesting into the economy and into their own businesses.
Overall I support this proposal.
It lists methods to extract resources for the policies that need to be imlemented to reduce poverty: "increase in income tax for higher earners"; "decrease in defence spending where possible".
As well as listing effective policies to reduce poverty: "an increase in education spending", "basic universal income".
Tax cut's and benifits have to be provided by someone. In rich countries it is achieved by taxing middle and high class individuas businesses.
A government of a poor country has no such luxury.
I don't agree that subsidies, tax cuts and benefits is the best set of action to reduce poverty as it is not possible in countries where poverty is the largest.
Would you then say that the best way to reduce poverty is to transition to a different economic system?