That's the thing. When govs talk about increasing taxes to "tax the rich" they end up changing income tax at high brackets. Which effectively taxes people who a

That's the thing. When govs talk about increasing taxes to "tax the rich" they end up changing income tax at high brackets. Which effectively taxes people who are not yet rich, but trying to be. The real rich people own land and assets, but wealth taxes are not popular - because real rich people effectively lobby against it.