[Buttons840]

Most of your arguments are not applicable for the simple reason that 99% of people would not have a wealth tax under my proposal.

I suggested a wealth tax only on the top 1%. (Or on the top 0.1% might work better, the specific number isn't the main point.)

The top 1% didn't get there through average stock returns, so the stock arguments are not applicable. Most stock participants would not have a wealth tax.

One of the major themes of this entire thread is that retirement age will have to be raised, with some even saying that any retirement at all is unusual and unsustainable. So do please tell me more about market economics and their wealth creation. Why are we regressing in our market economy? What does it mean when the things that happen in a successful market economy aren't happening?

As for Elon. Even with my proposed wealth tax, he would still be the world richest man. Especially if he continues to run successful businesses. A wealth tax doesn't immediately erase all the wealth of those it applies to.