The rich buy stuff, yes, but they spend a much lower percentage of their wealth (or income) on "buying stuff" than the middle-class or merely-well-off do. I th

The rich buy stuff, yes, but they spend a much lower percentage of their wealth (or income) on "buying stuff" than the middle-class or merely-well-off do. I think we should add very steep taxes on second+ homes and "investment properties", but that's to address the housing problem, not to address the massive wealth disparity. The real problem is their ability to buy things like "lawyers" and "newspaper coverage" and "senators", and it's much harder to effectively tax that sort of thing.