Whether it’s possible to remodel the code from 1. to 2. without “engine stopping running” is an empirical question about the slipperiness of this particular slope works. Your proclamation that it can’t be done isn’t actually an argument.
Following through to the logical conclusion of the general sentiment would stop the “engine”. Although one could probably come up with some economic/econometric model with an optimal way of taxation for effectively redistributing higher wealth concentration while still keeping wealth generation mostly intact, that is not what people usually ask for. “Billionaire” is not a specific value, it is just the current stand-in word for the outgroup. The actual pointer is to “people who have so much money I consider them to be different from my kind”. If we would just go back 50 years, when household median income was below 10 000 USD a year and property values even more depreciated, redistributing the fortune of millionaires’ fortune would seem as reasonable as billionaires’ is today.
Following through to the logical conclusion of the general sentiment would stop the “engine”. Although one could probably come up with some economic/econometric model with an optimal way of taxation for effectively redistributing higher wealth concentration while still keeping wealth generation mostly intact, that is not what people usually ask for. “Billionaire” is not a specific value, it is just the current stand-in word for the outgroup. The actual pointer is to “people who have so much money I consider them to be different from my kind”. If we would just go back 50 years, when household median income was below 10 000 USD a year and property values even more depreciated, redistributing the fortune of millionaires’ fortune would seem as reasonable as billionaires’ is today.
This. “loot the outgroup” is evil behavior.