The entrepreneurship will dry up, in fact, it already is among some I know who are not going to incur the risk just to have any risk-reward stolen.
While I admire your sentiment I think you're full of BS. If a productive person has a chance to make some money rather than be poor and live like a bum they will go for the money. The ones living like parasites were parasites to begin with and the ones you know who won't incur the risk have already made enough to stay comfortable.
Sure. I'd never let my family go hungry to make a political point. But if we're doing fine financially, I may not go that extra step to work 10 more hours if I can't get 10 hours worth of pay from it. If I'm only going to realize 5 hours worth of pay for 10 hours work, it becomes MUCH less appealing.
You miss my point, they will not work the extra to have that money given to others to who won’t work but spends their time fiddling around.
It is happening. This website has gave examples of that in various post.