Ok, what causes those things to go up? Housing? Limited supply. Builders are not building as many homes so they are higher in demand. Regulations and labor shortages.
College? High prices because of government subsidies.
Vacations? Sure , travel is high right now, give you that.
I’m not sure why job security is a problem. If you show up and do what they pay you to do, and if they make good business decisions, you should have job security.
But are all of these really the fault of rich people, or of an over burdensome government?
You could have your wealth tax, it won’t change a single thing. Government will simply waste all the new revenue on bs pork projects or gifts to their own districts.
a wealth tax wouldn’t work. You’d have people offshoring huge sums of money, the stock market would take a hit and innovation would slow.
This blog post summarizes the findings of the paper, "Progressive wealth taxation," which discusses the empirical evidence on progressive wealth taxation, the elements needed to make a US wealth tax work, and the economic effects on inequality.
www.brookings.edu
If you want prosperity to increase, you need less regulation and more incentive for businesses to invest in their employees. If you try a wealth tax, companies are just going to crank down on the pay scales even further.