... so folks like the Rockefeller's can't avoid taxes for 100 years and entities like Blackrock, Vanguard, State Street get to pay their fair share on their raw monopolistic economic power.
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Tax luxuries ...planes boats..anything not a need
Nah, even though I don't have 'em, there is a need for 'em. Its called advancement.
It make sure the rich pay for their pleasure hat he poor can't have
Your an idiot. Middle class folks want boats and planes and the such and we save for it or pay notes. Why would you want a luxury tax when a flat tax would more than cover the need.