Well let's give it a shot and see what happens...
Fucking hate billionaire parasites.
2 * 0 = 0
I came here to post that too lol
“Doubling” wasn’t exactly what we had in mind.
Ultra wealthy people don’t make their money through income but through the loophole of taking loans against their stock. That’s what needs to be taxed.
That, and they grossly underpay their workers, including by undoing the American tradition of subsidizing wages with benefits like healthcare, vacation time, childcare, education, etc. - healthcare shouldn't be tied to one's work load, but if it's going to be taken away, they should be paid by law enough to avoid falling on the state or emergency rooms or death avoidably, needlessly because billionaires want as much profit as possible at the expense of their worker's welfare.
If a company and their owners are paying too little to their workers, if too many are on welfare, can't afford healthcare or the basic needs, the company and owners should be penalized so hard they are compelled to do what's right for the society they benefit and profit from though that labor and use of resources. If they fail, break up the company, sell it off, or close it down - just don't make the penalty a rounding error that becomes just the cost of doing business as usual.
Multiple ways, but that's one big one.
To loan against stock they use the stock as collateral. So tax the use of collateral as if it was an advance on capital gains tax. They would pay about the same as if they sold directly but with more annoying paperwork because they have to pass extra audits and shit.
That just means we have to tax him more
That man doesn't pay taxes at all.
Give this guy enough money to launch his wife into low earth orbit on a penis shaped rocket, which is the sort of help society really needs.
Maybe it's just an attempt to bring her back to her home planet.
Even if we did tax ultra-billionaires more, that money would likely just be funneled into higher military spending.
If we had the political power to tax billionaires then we would have the power to change what that money gets spent on. It's the ultra billionaires that get to decide we should have more weapons instead of more schools
