The irony is poor people will never be wealthy till that start investing in assets and understand the compounding nature of wealth. It's that same lack of understand of compounding that contributes to the argument for a wealth tax.

It's true. US inequality is rising as you stated, but global inequality is down. So you don't have the moral high ground. You have a false sense of entitlement and want to profit on the backs of the rest of the world instead of the people who invest their time and money into those assets.

https://ourworldindata.org/grapher/distribution-of-populatio...