Part of the point of a progressive taxation system is to help clamp down on wealth inequality. The ultra wealthy have more means at their disposal to turn their

Part of the point of a progressive taxation system is to help clamp down on wealth inequality. The ultra wealthy have more means at their disposal to turn their wealth into more wealth or political power. A strong progressive tax system and an estate tax is necessary to prevent them from turning into a literal aristocracy. So yes, I consider “soaking the rich” a valid policy goal, despite your pejorative spin.