>>>>>>The issue is the principle of punishing for success. I would not put the line at $250K or $350K or $1M. People (aside from some lower income people) should pay the same % tax on every dollar they make.
>>>>>
>>>>>Governments are nothing if not pragmatic about their sources of funds. Most subscribe to the Willie Sutton school of thought.
>>>>
>>>>I don't get this allegory (I am sure it is just me).
>>>>
>>>>Update: I got it now.
>>>
>>>Willie Sutton was a bank robber.
>>>
>>>Just like the current proposed solution - "they got money - let's take it".
>>
>>The way I heard it, he was asked why he robbed banks. He replied, "Because that's where the money is".
>
>Doesn't make sense to rob an orphanage.

You're not thinking like the government.

If an orphanage has money, the government is thinking about ways to confis... er, I mean tax it. The only thing stopping them is the optics, and whether it would annoy voters more than the tax collected would be worth. Oftentimes even that won't stop them, if the bureaucrats involved are too well insulated, or too distant, from their putative elected political masters.

When trying to predict the actions governments will take to secure funds, it's best to assume they're completely amoral.