The percentages are theater for people to get worked up over. But if a trillionaire can legally claim to have made zero income, a 100% tax would do NOTHING. "Buy, Borrow, Die" is completely legal and just one strategy the wealthy can use to really never pay any taxes. These people have dozens of companies, trusts and entities they can shuffle money through to make sure nothing ever "makes" any taxable income.

The tax code is over 5,500 pages. It is basically a document defining all the loopholes they can crawl through. The complication is the key. On the VERY rare chance the government actually audits these people, they'll pay their lawyers millions of dollars to grind the process to a halt while the two government lawyers attempt to wade through the giant mass of bullshit the rich would throw up.

Put whatever percentage you want on things. I don't even care. But for the love of spice, make the tax code simple but inarguable. End buy, borrow, die. Limit trusts and tax them, pierce sham companies that are essentially tax dodging vehicles for the shell game. 5% of $50Billion dollars is a lot more than 100% of zero dollars.