I‘m not talking income, I‘m talking assets. Net worth if you will.
Example: you own 3 businesses worth 500 mil $ each (or whatever combination makes sense to you). To make business in a country with this mindset or even travel through it, you can only own up to 999 mil so you either give away 501 mil worh or you are banned from said country.
Your argument is in bad faith because you‘re not actually in the position to be affected by the negative impact of this so you just assume what they will do (not making more money, going to the competition etc.). Billionaires arent smart, they start privileged and are ruthless. We dont need ruthless to survive as a species, nor do we need it to live a good life. I say we need to get rid of it to survive.
Additionally, in opposition what daddy corpo tells you, competition is what makes things evolve. All companies that have killed off competition have slowed down improvement, made everything worse for the customers. Competition between companies is what keeps them improving, not monopolisties.