[yellowapple]

> They'll have to sell assets to someone not subject to the tax, probably a billionaire from another country.

Or you could tax the assets themselves, in which case it no longer matters who owns them. And seeing as how certain assets - like land - have inelastic supply (i.e. taxation doesn't affect the price point set by supply v. demand) and can't exactly be moved to offshore accounts, taxing the value of those assets would be far more economically sound than the current emphasis on income and payroll taxes.