Yes, that's why Sanders says "bilionaires should not exist". He wants them dead. There's a problem however, their wealth is not cash in a mattress and will be pulled from the market and venture funds. There will be a lot fewer well-funded startups. The startups will be uncompetitive. Technology will stagnate. The economy as a whole will stagnate.
I worked for a wealthy guy once. He put most of his wealth into salaries to give the new company a chance. It failed but not before producing technology that was bought up and still exists today. That would not have happened with a wealth tax, and I would have had two years less of meaningful employment.
Some things and some principles are more important than the economy.
These people are selling the nation out, censoring you, lying to you, propagandizing you and your children, crushing your values, importing third-worlders to replace you, and it comes down to dollars and cents, for people on this forum???
The Amish have it right. Community, family, and nation are more important than money. I’ll take the cut in the standard of living if I can get my nation back.