@futurebird It's really crazy when you realize that the ultra-wealthy — the ones actually affected most by a wealth tax — are the ones who also most can afford it and are least affected by actually being taxed. It just means one less superyacht per year really. (Which still isn't zero...)
It's just a special level of greed in which they'd rather die than even let one cent go to anyone else if they can help it, despite the fact they are the ones who most can spare it.
@futurebird I think the thing that really gets me is it isn't as if we don't have precedent. We've had taxes on the ultra-wealthy in the past. It's not something new. And each time we did it was great for the economy*.
* America thinks economy means the stock market. In this context it does not. Economy means economy instead. As a side effect, the stock market does also benefit from a better economy.