Well of course you want less of the latter, because you want to sell the myth that "progessive" (ie Left-wing politicians) are "forward thinking (the myth). This is not the case, as much as the Left are trying to push this false narrative.
The country is at risk of losing it's most wealthy, who, despite claims to the contrary, create jobs and wealth. Venezuela chased all of their capital and investment and rich people out, and look where that got them. It's a doomed strategy that will always fail, as long as the mega-wealthy have somewhere else to go. Taxing zero wealth at 70% is less tax revenue than taxing billions of dollars at 40%. They never get it.