Because even if this was implemented, rich assholes will find ways around it.
That house? Oh it’s owned by an LLC that rents it from the company I own for $1a month, I then house sit as a second job for $1 a month.
That car? Same deal.
My internet, home phone, electricity, water, insurance and all other home expenses? Paid for by my company as part of WFH rules for executives.
I also have regular business meetings in Hawaii and other overseas locations for business purposes.
Don’t forget:
Those politicians who are in a position to pass laws with regards to my taxes, income level, and other means of hoarding power? Oh, they’re owned by me thanks to legal bribery.
And those other politicians who want to introduce a maximum wage, higher taxes, or anything remotely socialist? Oh, the media outlet/s I own, along with the politicians I’ve already paid off can easily smear them out of contention.
Both possible because the system is what it does and is designed to encourage these kinds of disparity and inequality, not combat it.
