The problem is too much idle wealth, people with wealth who did nothing to earn it, nor appreciate how that wealth was created in the first place.
These are the kind of people who give money to causes like Black Lives Matter, Inc.
Instead of raising taxes on the wealthy I would trade that for restructuring the tax code to incentivize the wealthy and corporations to manufacture in this country combined with selective tariffs.
All the Walmart Heirs have become insanely wealthy from selling Chinese junk, yes we might pay more for some things but more Americans with good jobs would be worth the price
Bill Gates is on video talking about his 20 to 1 investment returns on his vaccine investments, the use of charitable foundations by people like Bill Gates and Warren Buffet is one of the biggest tax scams of alll time
All those 20-1 gains Gates was bragging about were made tax free in fact Gates got major tax deductions over the donations to his foundation