Fact is, those guys aren’t paying any taxes. If they paid taxes every year at the highest rate on their income they wouldn’t have nearly as much wealth. They funnel money to NGOs and play God with it. Wealth taxes hard to administer but a non fungible income tax on everyone - including Gates, Bezos, Musk etc would have limited their wealth and helped balance the federal budget.
Fact is, those guys aren’t paying any taxes. If they paid taxes every year at the highest rate on their income they wouldn’t have nearly as much wealth. They funnel money to NGOs and play God with it. Wealth taxes hard to administer but a non fungible income tax on everyone - including Gates, Bezos, Musk etc would have limited their wealth and helped balance the federal budget.
Fact is, those guys aren’t paying any taxes. If they paid taxes every year at the highest rate on their income they wouldn’t have nearly as much wealth. They funnel money to NGOs and play God with it. Wealth taxes hard to administer but a non fungible income tax on everyone - including Gates, Bezos, Musk etc would have limited their wealth and helped balance the federal budget.