Oh, never mind.

This is a very incomplete argument. I pay social security taxes on wages, which isn't levied on investment income. I also pay medicare/medicade taxes that are not taken out of passive income. I pay over 35% of my wages to the government, which is about 10% less than what the very rich pay.

And they own 70% of the wealth. "10 percent of the richest people in the United States own almost 70 percent of the country's total wealth. As of Q1 of 2021, the top 10 percent held 69.8 percent of total U.S. net worth" https://www.statista.com/chart...).