Long ago someone pointed out that the lower and middle class make the mistake of confusing money and power. As often as the rich get caught in tax dodges, much of the 'currency' that flows is only loosely denominated in dollars. We don't tax the cost of changing someone's mind.

At 100% tax rate I would expect that pattern to be magnified. As a board member, I'd use my success to hire or partner with anybody I had the slightest positive feeling for, until there is just enough money left over that I don't have the biggest target painted on my forehead.