When the top mega rich people in the country are
begging the government to start taxing them more?
https://www.latimes.com/business/la-fi-wealth-tax-letter-soros-disney-20190624-story.html
Top one percent:
When you have so much money, you buy only real-estate that skyrockets in value
When you have so much money, living expenses are pocket change
When you have so much money, yearly health care costs are like a tank of gas
When you have so much money a drop in taxes won't make you invest in your business
When you have so much money, nearly all your money does nothing to help the U.S.
Yes, at this level not taxing someone is the same as giving them free stuff they don't need.
Ultimately, you can't get blood from a stone. The nation is going broke at over 1 trillion a year during good times yet you think the rich need to keep more money than they know what to do with?