Yes, we are going down from catastrophic levels, to just chronically toxic levels.
So, are you advocating a 70% tax rate for yourself?
I understand your preference opebo for an unbalanced approach, as opposed to a "balanced approach" (where have I heard that phrase before?), but that aside, it would be next to impossible to reach that figure actually. I can explain why if you are interested enough in the lacunaes of the tax code.
How about a wealth tax? No tax accountant is going to dodge this.
Actually plenty will. I'm studying accounting, and there are many simple, legal ways to write down the values of assets. Investment choices would also change to make the values of investments more ambiguous.