my hunch is that ambitious people, in general, will continue to be ambitious and highly motivated to achieve things even if you raise tax rates and such. The extent to which raising taxes on the rich actually de-motivates successful people is alleged to be substantial and significant in conservative circles, but I'm skeptical.
Sure, read this article then about the French experiment regarding your hunch.
What ended up happening is the wealthy stopped investing in France, and exceptional people like actors and athletes threatened to leave.
France’s richest man, Bernard Arnault, the chief executive of luxury group LVMH, took out Belgian nationality, and the actor Gérard Depardieu also moved across the border to Belgium before obtaining Russian citizenship.
France isn't the only nation that thought it was a good idea to discourage exceptional people with sin taxes for producing too much wealth.