We already have taxes, the vast majority of which are paid by the wealthy. Taxes are not a cap on allowable net worth. That is a different thing altogether. That is economic suicide.

Most of the rah rah billionaires shouldn't be allowed people are just proposing a wealth tax from what I've been told. If I'm wrong I'm open to hearing about it.

Wealth taxes are also economic suicide but most of the "rah rah billionaires shouldn't be allowed" people seem to have absolutely no idea how anything works and think billionaires have billions of dollars sitting in their checking accounts and they could easily write an "end homelessness" check but just don't because they're mean.