If having less money hurts people, then the government should give them more money.

Consumption taxes incentivize reducing waste and is pro environment. Isn't that what California is about?

>people acquire it just for the sake of acquiring more and building their personal power. It seems that wealth is used to build more mechanisms of rent-seeking to further extract money from people who make their money through labor.

So why are you a proponent of earned income taxes? Those hit people who make their money through labor. What you want is land value taxes, those hit people who make money through rent seeking (including tech companies whose assets sit on valuable land).