Tackling wealth inequality is admittedly hard. The rich have access to very good accountants, lawyers, and lobbyists. There are a lot of places for them to stash their wealth. Loopholes are easy to create. Not to mention, they can always move (although they don't carry out the threat nearly as often as conservatives would have you believe) if they really don't like or can't escape the tax bill.
Solving the problem requires a variety of approaches from many different angles: wealth taxes, financial transaction taxes, estate taxes, corporate taxes, loophole elimination, campaign finance changes, tax haven penalties, etc. Any one of them may fail, or be easy for certain classes of individuals to escape. Collectively, however, they can both put a dent in the deficit allowing for greater expenditures on social services and climate change abatement. More importantly, they can reduce the corrosive wealth inequality that is eating away at our democracy. Reducing the amount of the money hoarded by the obscenely wealthy would be a good thing on its own merits, even if it were merely burned in a bonfire rather than added to the Treasury.
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