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It was very brave of you to post your question here. It's OK to be ignorant on some things, and asking questions is how we learn!
I hope you got some good information and that no one tried to use your question to go on some kind of weird political tirade. It can be very controversial on Lemmy to ponder if rich people maybe have too much money.
The problem with "wealth" or taxing it while someone is alive is that there's a problem when it comes to businesses.
If you taxed Zuckerburg, Musk, or Bezos 90% of their wealth, they would lose control of their companies because that's where most of their wealth exists as the stock they own in their company.
I'm a big fan of a limit on wealth transfer to your children though, cap that shit at 10 million and give the billionaires a reason to spend or give away all their money before they die. Spent money stimulates the economy.