Much more real than 1984 ever was. And it should be required reading instead of most of the Karl Marx type books that seem so much in the norm today. My favorite is "It Takes a Village Idiot To Raise a Child", by Hillary.
I know that it is not going to be the end of the world but there will be real problems ahead. If you raise taxes back to 90% levels, like they were before, you know that money will go off shore, on paper, where you can not tax it at all. Money is just 1's and 0's in a digital world while people (governments) are still thinking of paper money and real estate, real property, real tangible assets which can be seized and confiscated by the government.
90% of the stock market or bank market could be moved off shore, by electronic trading, and then what would they do. Stocks are no longer paper certificates, real things you can hold and grab but numbers and numbers can be moved anywhere. You will see big companies shielding profits by sending them off shore or never bringing them into this country. This shell game will just get more complex as time goes by as it will become an industry in its' own right as companies figure out ways to save billions in taxes by just moving money, 1's and 0's, on computers, to places we can not see them or find them.
So get out there and vote for your kids futures.