Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor
Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
Yeah.. they tried that in Venezuela and look at where they are right now. This strategy could have resulted in limited success a few decades ago. But nowadays it is very easy to move your assets from one country to another and to attain citizenship of smaller island nations where there is no income tax. If the government introduces confiscatory tax policies, then the rich are going to simply migrate to some other country, where the tax rules are more sane. And let's not forget what happened in France after François Hollande introduced the 75% tax for super-rich.
Venezuela is not exactly a good example. The problems in Venezuela are associated with the lack of economic diversification (oil and only oil formed the basis of the country's budget, and the fall in oil prices sharply nullified everything that was achieved, including all social programs that were quite good), plus the dimwitted Hugo Chavez with his program "Bolivarian socialism" put a fat point on the happy life of Venezuelans ....
I disagree, Venezuela is the perfect example of what happens when something like what the OP is proposing gets implemented, Venezuela did not started in the same state that it was today, it had a good economy, obviously things were not perfect but it worked as a country, then confiscatory policies were passed that either taxed the productive members of society too much or outright stole from them everything they had, for a time together with their huge oil income Venezuela seemed to be doing well, but once that money ran out they depended solely on the income they got from oil and when that went down too they got in the desperate situation they are now.
I disagree with your disagreement. Venezuela is an example of where greed can take you. They start rich and became greed as their leader put a blind eye on economic disadvantages and risk they will take. They build,and build,and build, until they realizes that they consumed more than what they swallow that results to their debt and collapse of their economy.
It is their malpractice, and you can't put blame on others as they are the one responsible for their own mistakes.