How would you actually tax the ultra wealthy?

https://sh.itjust.works/post/57585488

How would you actually tax the ultra wealthy? - sh.itjust.works

Assuming billionaires were going to get a special tax, how would you actually determine how much to tax them? Sure some would be straightforward like Musk where it’s entirely derived from a few companies with known ownership stakes, but what about all the others? We don’t even know the names of most of the billionaires. With all the games they can play to hide money, now made even easier thanks to the changes Trump made in his first few months, how would you even figure out who and what amount to tax? They don’t have a normal salary or easily documented income like everyone else.

Tax them? Nationalize their assets

The reason nationalizing things doesn’t work is because it makes billionaires mad, and billionaires use their money to get revenge, sabotage the shit out of the process and convince you it’s a failure with propaganda you don’t understand and get you to elect a government that undoes the nationalization or dismantles it or sabotages it further until it dies.

The general public can be reliably played like a fiddle to go directly against their own best interests, at full speed. Case in point: Trump. Also Reagan. Also all politics ever, really. “I love the poorly educated” is quite possibly the only true thing Trump has ever said.