You need a source to confirm that if you take the wealth away from the rich people in your tiny island nation, other people are not going to be motivated to create wealth there in the future?
Hong Kong and Singapore thrive because they are low tax, low regulation havens for the rich. Start enacting 'eat the rich' policies and the rich will go elsewhere.
Yeah, you're saying it as a fact so I assume the scenario has played out before and has been documented.
You're implying that it could possibly be inaccurate, so I assume the opposite scenario has played out before and has been documented. Can you provide a link or source?