That's coming. You are 100% correct on that. Smart people will figure out how to shelter their income from discovery.
The rest will pay, and pay, and pay.
One word: EXPAT. I've applied for my Irish Citizenship, which I'll get ... as my Grandmother was born in County Cork, Ireland. By extension, my wife and sons (if they choose) will also get Irish citizenship as a result.
If it comes to it, I'll leave America and move to Ireland. In retirement my taxes will be far, far less there than they will be here.
I'd rather not leave .... I will if I have to.