Doesn’t concern me at all how rich they are. What concerns me is the influence they have over government. THAT is what need fixing in our(not democracy) republic, not the tax rates. They always make a way for themselves to avoid a large portion of their tax burden - if no other way, by moving off shore. When tax rates go sky high, it is ALWAYS the upper middle class that gets pounded.
High government taxation is just another form of slavery. Rich folks still get rich by selling goods and services to the government. How do you think people in Congress get so filthy rich??? The rest of us become their slaves. Not “No”, but “HELL NO!!!!!!!!!!!!!!”. I have already been slave enough in my lifetime!!!
The Billionaires’ club does not care what the tax rate is as long as they have enough money to preach to the public. It will trade wealth for power every time.
Private wealth is wildly disproportionate and to be feared. Not as much as the government however.
There is no way to confiscate the wealth of the Super Rich short of a global tax authority.