Lovely in theory. What you'll almost certainly find in practice is the rich will leave the country and the government will end up with less money overall. Happened here in the 70s, happened in France 10 or 15 years ago, there are already stories in the papers about millionaires leaving the country.
The rich are always threatening to leave the country if they’re forced to pay tax. Fine, let them go, but then let’s confiscate their empty houses in Kensington and Knightsbridge, and turn them into council flats
