Well said. The taxes on the value created by the labor of those involved in the production and consumption of the product of said labor(s) is indeed a fair and just re-appropriation.
Likewise, the results of hoarding the vast wealth in the forms of property, land, legal entities that operate and depend on these same communities which generated them is damagingly extractive.
We should, too, somewhat reverse the hoarding of vast wealth and let our communities reap some benefit from the treasures they are capable of producing.