Assuming billionaires were going to get a special tax, how would you actually determine how much to tax them? Sure some would be straightforward like Musk where it’s entirely derived from a few companies with known ownership stakes, but what about all the others?
We don’t even know the names of most of the billionaires. With all the games they can play to hide money, now made even easier thanks to the changes Trump made in his first few months, how would you even figure out who and what amount to tax? They don’t have a normal salary or easily documented income like everyone else.
I fall to see any argument for one person controlling even 8 digits, much less any more.
If you have even half a million of disposable money to spend, you shouldn’t be even close to be allowed a loan in any form. Being rich shouldn’t be a collateral for more money.
Given that it’s a common way they increase their worth, they should be barred from utilizing it.
Every dollar past 10 million should be gone right off the top, no exceptions.
Enacting it should either be completely secret, or enforced on everyone here now, regardless of where they move after this point.
That payday would fix a lot of immediate problems.
Bring obscenely rich should be meet with obscene “punishment”. At least they would call being cut down to size punishment.
I’d argue that stealing that much wealth and health care should be a capital crime. If I could bring them back so they could experience a capital punishment more than once, that would be justified IMO. That’s a harder sell to some, but there are no billionaires that should be allowed to live. Even the squeakiest clean (ethically speaking) one should be taxed and fined out of existence.