Well duh. The rich didn’t get rich by being stupid...or by being sheep. They will pick up their wealth and move elsewhere...where the taxes are less punative. After all....if anyone can afford to just move somewhere else, the rich can.
The ones who will suffer either directly or indirectly are those that can’t afford to just pick up and move to another state or country. Per usual.
This nation is already at “Idiocracy” status. We’re quite screwed.
Note the last sentence in the last paragraph.