OK, that's fair to a point, I'm just saying taking away wealth from the people that built it in the first place and putting it under the control of people who have not demonstrated those skills (whatever skills they do have) isn't necessarily a good idea.

As long as the capital is being employed productively and managed by the most competent people to do so, we all benefit. I'm carefully trying to avoid a 'tax bad, government bad' position and the phrasing you pointed out quite reasonably might have given that impression.