Because most people run along the edge of the compressor efficiency curve. This means they get max turbo airflow in the midrange and also in the top end. If you get similar airflow at 5000rpm as you do at 8000rpm then this means reduced torque as you are sharing the same air over more combustion events, reduced torque means reduced power.
Most factory turbo cars don't smash the boost in the midrange or max the turbo out, hence they can hold flat torque to redline. If they didn't then you'd see the typical huge midrange torque and dropping off at redline.