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The tax should be even higher. No one needs $100 billion.
How do you handle a CEO owning stock worth that amount in the marketplace, then?
They don't. No one can explain how a wealth tax work because it doesn't work.
My issue wasn't with a wealth tax (even though I'm against it), but pulling some arbitrary wealth cap out of thin air opens a lot of questions that many people don't consider the implications of.
336 comments