Why are people so averse to a wealth tax?

Date: February 17th, 2020 12:37 PM Author: ..............;................... Ignoring that it would be impractical to administer, so many people seem to think a wealth tax would be "unfair." I've talked to a few progressive people who think that even with Elizabeth Warren's plan to tax 2% of assets above $50 million, "it isn't right" that you should have to pay about 10% of your wealth over x years... What is it about the idea of a multimillionaire having to pay a tiny percent of their wealth (that is probably growing at a rate of 7%) that people see as unfair, yet they see no problem taking away 15% of the paycheck of a janitor cleaning the floors, or charging a single mom 7% of the amount she's paying for diapers? (http://www.autoadmit.com/thread.php?thread_id=4447161&forum_id=2#39607446)