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by ragestorm 969 days ago
They pay 2% on their wealth.
1 comments

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.