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Step 1: Tax the rich. Step 2: The rich leave. Step 3: Celebrate the rich leaving. Step 4: The government still needs revenue. Step 5: The tax base shrinks. Step 6: You are now the richest person in the room. Step 7: Raise taxes elsewhere. Step 8: You now have to pay a lot of taxes. Step 9: Meltdown. Step 10: Say the socialism wasn’t done the right way and try again. Socialism is just an infinite loop of “yes, do that,” followed by “NO, NOT LIKE THAT! THAT IS NOT SOCIALISM” when it actually happens. The entire ideology is just being surprised by consequences forever.