Such a declarative statement is very reductionist. Yes, some folks will accumulate wealth but there needs to be some additional limits on it. I am in favor of

Such a declarative statement is very reductionist. Yes, some folks will accumulate wealth but there needs to be some additional limits on it. I am in favor of progressively increasing tax brackets that eventually get up to near 100$. Spend it or lose it. And if you lose it, it goes in to the very bottom income bracket where it will be used imediately. Trick up economics if you will.