It's just naked wealth confiscation. Every year you are forced to sell assets and turn the cash over to the government for your unrealized gains tax. Confiscatory wealth tax by another name.
Remember, these people overspend by $2-3 trillion every year.
Half the population has no internal monologue or legitimate reasoning capability. They simply collect social cues and spit out opinions they believe will produce approval and social credit.
These people are extremely vulnerable to preference cascade triggered by push polls.
And still the people do nothing.