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Exactly WHY should it be illegal to have such a high level of wealth? And 3 million really isn't THAT rich. If you worked hard for your money and had a decent paying job properly invested it accumulating 3 million dollars in personal assests is not impossible or beyond a person who did nothing more than went to work everyday and didn't piss their money away. And don't get me started on somebody who might start up a business. They should have their things taken away because if the business was moderately successful even a small one you would easily be worth over 3 million dollars when your home,bank accounts,investments, and business are factored in?
How do you still encourage innovation and drive amongst your populace if they know their own personal wealth is going to be taken from them even if they've been smarter and worked harder than the idiot down the street who wasted their life away yet at the end of the day they still have the same crap.
To be honest your plan wouldn't work in a captialist society because too many people would be used to the good life and would view the government taking away any private business as a direct assault on personal freedoms and one of two things would happen. Massive strikes would occur that would shut the now government run businesses down crippling the countries economy, OR a massive militant uprising would occur.
No offense but I'm very glad you aren't anywhere near being close to being in power.
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