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A comment on Millionaires call for an emergency tax on billionaires. Parent comment

Re:Millionaires call for an emergency tax on billionaires by david927 on Friday August 13, 2021 @11:18AM (#28169980)
We have that already and it's called taxation. What would change would be that it would include a wealth tax that goes to 100% after that threshold.

Oh, but don't worry. Greed is such an amazing motivator that it wouldn't take a decade before we accomplished meeting those basic needs.

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Re:Millionaires call for an emergency tax on billionaires by andreilys on Friday August 13, 2021 @11:42AM (#28170366)
So if you have a private valuation that exceeds $25M you’re forced to somehow pay, even when all your wealth is locked up in illiquid company share?
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Re:Millionaires call for an emergency tax on billionaires by AnIdiotOnTheNet on Friday August 13, 2021 @12:22PM (#28170951)
Share ownership can be transferred.
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