This isn't about yachts, it's about sensible policy. Corporations aren't a naturally occurring phenomenon whose autonomy we must respect; we wrote laws to allow them to exist because we thought they would be good for society. They mostly do, but when unfettered capitalism leads to bad outcomes, it needs to be fettered.
So it comes down to: is a handful of pseudo-randomly selected[0] people having wealth on the scale of billions a good outcome or a bad one? Personally I think it's pretty obviously the latter, and if you agree then I struggle to see why a wealth tax isn't the obvious solution.
0: "It isn't random, they worked harder than everyone else!" Where would Microsoft be if Gates' mom wasn't friends with IBM's John Opel? Where would Amazon be if Bezos had been born 5 years earlier, or later? Etc.
So it comes down to: is a handful of pseudo-randomly selected[0] people having wealth on the scale of billions a good outcome or a bad one? Personally I think it's pretty obviously the latter, and if you agree then I struggle to see why a wealth tax isn't the obvious solution.
0: "It isn't random, they worked harder than everyone else!" Where would Microsoft be if Gates' mom wasn't friends with IBM's John Opel? Where would Amazon be if Bezos had been born 5 years earlier, or later? Etc.