If Elon Musk can afford to lose $200 billion in a single year, he can afford a wealth tax.
@rbreich ... at what point in time would you tax it? Then, now, in the future? It is a fallacy to think share value is wealth, it is not. It is a marker of potential future success. Even using your own logic, it's depressing that you can't see the contradiction.
@rbreich there is only one way to bring the financial markets to heel.... Transaction taxation. That's all that's needed.