Because even if this was implemented, rich assholes will find ways around it.

That house? Oh it’s owned by an LLC that rents it from the company I own for $1a month, I then house sit as a second job for $1 a month.

That car? Same deal.

My internet, home phone, electricity, water, insurance and all other home expenses? Paid for by my company as part of WFH rules for executives.

I also have regular business meetings in Hawaii and other overseas locations for business purposes.