They have the wealth for a reason - They've earned it. Penalizing someone for their success is absolute rubbish.
I'm not looking to penalize anyone. I don't see paying taxes as "penalty", I think it is part of the cost of society. Do not the rich make more use of the infrastructure than the poor? All I advocate is that they do their fair share. I'm not saying the should pay more, but they certainly shouldn't pay less.
As far as "they earned it" goes, some did, some didn't. I already said that I have nothing but respect for a man who works hard, plays by the rules and makes a success of himself. For every one of those there is an investment banker who made a fortune on selling bonds he knew were designed to fail because he also knew that the government would eventually mop up behind him. That is absolutely true.