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I truly believe the world would be a much better place if there was a clear cutoff for wealth. But of course, there would still be weasles out there circumventing such measures. Greed is such an incredibly harmful thing.
Not a single redeeming thing about billionaires. Not a single one. Their "philanthropy" would be entirely unneeded, if they simply paid their fair share back to society, without which they wouldn't have what they have in the first place.
if we're imagining a better place why not go further? private ownership over collective production is the only way such gross amounts of wealth are possible.
A 100% tax bracket is fine and all, but why don't we reimagine the economy so that individuals aren't controlling so much of it? We built the infrastructure, we built the factories, we invented the machines and algorithms.