Wealthy, productive people can just leave the US and renounce their citizenship to escape taxation. The whole wealth tax is based on envy.
Some people are hard-working, extremely talented, lucky or all three. They are bound to be wealthy.
Merit and wealth are well correlated in this country. To be wealthy in some other countries you have to be in politics or just be the best thief.
I think it is disgusting that people are talking about this now and we don’t even have a depression yet. Just wait 20 years and there will be a civil war.