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Re:Coinbase lays off around 1,100 employees by DamnYuppie on Tuesday June 14, 2022 @04:44PM (#31745809)
You statement makes it sound like they aren't currently doing those things already. Can you point to some data that shows they aren't donating to charities and aren't diversified? I can understand if someone like Bezos is highly invested in the company he founded but overtime he will be like Gates and hold a small portion of his portfolio in Amazon and the rest broke up across many companies and charities.
Re:Coinbase lays off around 1,100 employees by Johnny555 on Tuesday June 14, 2022 @04:54PM (#31745947)
Then I guess a wealth tax is not needed, billionaires are already giving away all of their money or starting new companies through direct investments, so they're no longer billionaires.
Re:Coinbase lays off around 1,100 employees by throwaway894345 on Tuesday June 14, 2022 @05:39PM (#31746419)
If you have a billion dollars and you invest all of it, you're still a billionaire (unless your investments tank). No billionaire keeps all of his money in cash.