Warren Buffet still lives in his original house he bought many years ago and tools around in his old Ford pickup truck. Even Proverbs states it..."The Wealthy pretend to be Poor, the Poor pretend to be Wealthy." Just look at all the athletes that end up going bankrupt soon after their careers are over with. They buy huge mansions without taking into consideration what the yearly tax would be on that property 20 years from now. Not to mention all the jewelry and $300,000 cars with 26 inch rims. Smart.
Taxing isn't the problem. The problem is how that money is spent. I know a guy in New York that is almost in his mid-30s that stays home and masturbates 5 to 6 times a day to anal and foot fetish porn while having received a welfare check for at least the last 10 years or so. He has a 10 year old that lives with him and his wife. This guy is unsure of what grade his son is in. His hobbies(outside of masturbating) is building little remote-control cars. The wife works at a fast-food place(hey, she works). He has Type 2 diabetes and receives various medications(little to none paid by him, of course). His son receives Ritalin medication. However, he does have decent knowledge of automotive repair and makes a little money on the side whenever he needs to scratch up a few dollars to fulfill his, uh, hobbies.
This guy was offered a job at a furniture store. All he had to do was show up for an interview and he'd have full time work. He played stupid and never showed up for the interview. He feared that working would reduce his government monetary allowance. Sickening. I'm not sure what the exact law in New York state is when it comes to welfare payments in perpetuity, but he along with thousands of others live like this. If the welfare payments were cut off, this guy would be forced to take some responsibility upon himself and find a job. A LOT of the unemployment out there is by choice.