[johnnyanmac]

>to have to go through the administrative burden of valuing all that, and then attempting to liquidate at some reasonable market value just to pay one time levy (allegedly lol) is insane, and will rightfully be challenged in court

Cool, let's do it. We know the IRS, especially when auditing the rich tend to be one of the highest value employees of government they will sue no matter how cut and clear the tax code is anyway.

Its really weird we're on HN and we're using an excuse of "but it's hard, so let's not do it". I didn't choose tech because it was easy. Why should the government we fund be just as defeatist?

[kadabra9]

Of course its easy for you to say - its simple to just point the finger and claim you're entitled to your "fair share" of someone else's property simply because they have more than you. And my main point isn't even that "its hard" (which it is), its that governments cannot simply just tax and confiscate their way to a utopia.

Fortunately for sanity and common sense, this proposal, if it even passes, will surely be challenged on Federal and State constitutional grounds.

[johnnyanmac]

>its simple to just point the finger and claim you're entitled to your "fair share" of someone else's property simply because they have more than you.

Yes. Because they did not take their fair share. I'm all for proper audits (not whatever Elon Musk pretended was "fraud waste and abuse" last year).

If nothing truly comes out of it, cool. Maybe we need more laws for that. And apparently wealth taxes are popular.

https://www.cityandstateny.com/policy/2025/11/new-poll-shows...

>if it even passes, will surely be challenged on Federal and State constitutional grounds.

Will it be sanity if they lose and the tax is upheld?

I already said that they will file lawsuits no matter how they legislate, so nothing in my comment was actually addressed.

Insteas you're just trying to make me emphathize with a billionaire for some reason. Meanwhile, I'm almost 3 years out of my last W-2 job that I was laid off of because of these billionaires. My sympathy is gone. Tax the rich.