[a_bonobo]

Yet when billionaires make huge donations, it's usually in stock:

>Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting his total giving since 2006 to more than $51 billion.

https://www.livemint.com/companies/news/warren-buffett-donat...

So which one is it? They can't have cash because it's all in stock, so they shouldn't be able to donate. But they can donate stock, because then it suddenly behaves like cash.

[dbmikus]

Not the parent poster, but the point is that if the government taxes equity instead of capital gains, it turns every large company into a de facto socialized company. Some would consider that bad, including myself.