Nothing like a barrier to entry to the top 1% to keep out the rabble! But yes, you've discovered the crab pot cheat code that will continue to keep things exactly where they've been and they will remain. Go ahead and propose a 1% tax on wealth beyond $50M. Even make sales to pay that tax 100% tax-deductible. It won't happen. Or how about a 50% inheritance tax on wealth beyond $100M? You're not getting that either when there's a sweet middle to upper middle class pile of Quatloos to mine and they don't have enough money to hire the right people to make that problem go away.

But I'm starting to think they need their own PAC and they could afford that.