Because this country has always allowed, if not promoted the fundamental right for people to become fantastically rich, many people worked feverously to create new products, new businesses, new industries, even new economies. You can start out poor and end up rich, if you are smart enough, clever enough, industrious enough, and yes, lucky enough.
The worst thing you can do is put a damper on all of this by limiting the amount of wealth someone is allowed to accumulate. You may as well throw a wet blanket on the American dream.
They’ve already done that.
This is doubling down and implementing Communist-style class envy...