It's a late-stage capitalist society. That's the problem. Capitalism is great in the early stages when it's first developing, but the exact nature of capitalism is to amass wealth and use it to make more wealth. I love the idea of the free market, and of working to build up your own economic position... but we've come to a point where the super-rich are now in such control of our society that they are able to horde their riches in such a way that is harmful to everyone who is not super-rich.
Look at the Panama Papers. It is the rule, not the exception for the super-rich to use their shadow world of finances to protect and shield their money in ways that your average guy simply can't. There are people in the world so rich that we would not even be able to conceive of the lifestyles and power they have. You might THINK you can, but you can't.
Who needs this much money? Who needs $6850 a day when there are people struggling to make ends meet? Why should there NOT be a cap on something like this? Teachers make $30,000 a year starting out... police make $50,000 a year starting out. It's enough to make you sick.
Thank capitalism.