It’s inarguably true that taxation today is a means to suppress individual accumulation of wealth.

Yes, so the government takes the money from regular people, and they introduce the money that they create right at the top of the financial pyramid. It is undoubtedly a way to keep regular people in their place while enriching elites.

I think what people don't get is the money flows upward. It is trickle up economics, and that's what you get from usury.