makes being rich bad.
For the record, I’m a flaming liberal…

It doesn’t so much make being rich bad as make desire for personal wealth incompatible with public service. It creates a system where people have to choose between God and Mammon, so to speak. Everyone’s still free to pursue individual wealth if they so desire. But if that’s where their heart is, we don’t need them making public policy, IMHO. It’s too easy to turn governmental power into personal wealth through graft. Why even leave the temptation in place?