If the tax rates are increased incrementally steadily over time, the masses will not be aware that they have been effectively rendered asset free serfs.
I'm fact, it's already happened.
Obamacare will increase the amont of income the average American will be forced to pay for health care which reduces greatly discretionary income; and in its defense of Obamacare in SCOTUS, the Democrats argued that it isn't, in fact, a tax.
The majority of wealth held by the average American, was in the form of residential real estate.
The Democrats promulgated lending policies that decimated the value of personally occupied homes thereby wiping out a huge portion of the wealth of Americans.
The entire economy is currently limping along on the premiss of virtually free money being extended to banks and top other lending institutions, at the expense of the owners of that money; the average American, the majority of whose liquid assets are represented by bank savings deposits.
The fact is that American are already being subjected to honorous confiscatory policies and haven't picked up their muskets yet because they haven't connected the dots.
It's probably too late anyway.