[Jeff F]

The target of the Democrat programs is the upper middle class, to prevent them from accumulating the capital needed to be able to compete with the owners of unearned wealth for investment opportunities

Quite true. It is also a way try to prevent their upwardly mobile lessors from being able to compete for the estates, race horses, and foundations that the established rich use to set themselves apart from the unwashed.

Better still, as Democrats, they can affect a pose of moral superiority while in reality they are protecting their own interest and elite standing.

[SauronOfMordor]

Wealthy people who did not earn their wealth are OK with the Left

What they cannot stand are people who became wealthy because of hard work and intelligence. It upsets their egalitarian mindsets to have to think about the possibility that there actually ARE people of demonstrated superiority