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by influx 969 days ago
What happens if they are forced to sell stock in companies they founded and control, and after the sale they no longer have a controlling interest?
1 comments

They pay 2% on their wealth.
Their wealth is usually stock in companies they founded.... Billionaires don't sit around with a billion dollars in their checking accounts.
They don't sit around with zero dollars either though, right?

Even without a wealth taxes there are situations where someone may need to borrow or sell assets to cover a tax bill. The billionaires will be ok.