Im not completely dismissing your argument; I agree with you that something has to be done with unprecedented inequality. Also, Im not suggesting that is an all

Im not completely dismissing your argument; I agree with you that something has to be done with unprecedented inequality. Also, Im not suggesting that is an all-or-nothing dichotomy, Im asking you to think of the investor behavioural consequences of that type of tax policy. We of course can never know what those investors would have done given those circumstances, but its important to try to understand what the possibly nonlinear effects would be.