Sounds like a communist-leaning democrat talking. Wealth redistribution from the people who do all the work to the people who do none. This would have a chilling effect on the economy - if there's no incentive to become "super rich" then the "super rich" won't invest in businesses and grow the economy. There will effectively be an income level at which there's no point in trying to earn any more, so people will accumulate wealth in savings for a time, then exit the marketplace and live off that wealth. Imagine if WalMart operated for 20 years, then the Walton family said, "We've made enough money and own enough stuff that our great-grandchildren won't have to work a day of their lives, so now that we're paying more in taxes than we're bringing in, we're just going to bulldoze all our stores. Have fun figuring out where you're going to buy your stuff from now on."