Doesn't this ultimately boil down to: other people are spending their money on things I don't want them to? Which I mean, yeah I feel like this about tons of things all the time. I'm human too. But I know this is a petty part of me not a thoughtful part.
While I realize they can, when it starts to influence politics and everyday life of where people live and impact to their bottom line, even if indirectly then should that be allowed? Again I realize there are weak gates for these issues currently. But just because they can doesn't mean there shouldn't be limits. Unchecked capital has far more influence now than ever, and those bag holders are fully taking advantage of those loop holes.