[D-Coder]

"No more billionaires. None. After you reach $999 million, every red cent goes to schools and healthcare. You get a trophy that says, “I won capitalism,” and we name a dog park after you." — Mikel Jollett

[nonethewiser]

Can you contextualize this quote in response to my comment?

[D-Coder]

It's an alternate technique for raising taxes.

It incidentally also reduces the social impact of a small number of extremely wealthy people, thus helping democracy.

It's probably not legal without a Constitutional amendment, but one can dream.