There's much more effective ways to tax the wealthy more with less hassle. Drop the income tax completely and implement a VAT on luxury goods and brands for example. It's very easy to hide wealth, it's much more difficult to avoid paying taxes on things they want.

Hi, I'm okay with this, but the tax will keep getting larger and spread to more people because the government is like a spoiled child who doesn't know how to budget money or live within it's means.

You are a socialist!!

Of course that's all you support lib

Assets aren’t profit nor cash. If you tax assets you may bankrupt some companies in transition or under pressure from overseas competitors, in which case the loss of the business could cause mass unemployment. The use of off shore tax havens by Apple and fb should be criminalised

Doesn't Elizabeth Warren borrow money so she doesn't have to sell her asset's. Kind of hypocritical don't you think

How do they pay for this?

Because government bureaucrats will spend it more wisely? 🤡🤡🤡

The people who are tasked with solving problems only know how to find ways to create new taxable events. There is a complete lack of creativity. In the end, those who cannot innovate attack the people who can (Musk).

You are morally bankrupt. You don't even realize it because of your peanut gallery that cheers this because they're equally as greedy. Pathetic really.