This is something the "eat the rich" crowd keeps missing.
Sure, you could take wealth away from billionaires, and sometimes there are good reasons to, but it's weird to pretend that it will cover more than a tiny tiny fraction of a government's budget.
Another thing some do is assume wealth accumulation happens on a yearly cycle. Like if you take Musk’s ~trillion today you’ll have another trillion to confiscate next year and the year after that, etc.
Sure, you could take wealth away from billionaires, and sometimes there are good reasons to, but it's weird to pretend that it will cover more than a tiny tiny fraction of a government's budget.
I can't tell if it's naivety or dishonesty.