Saying the billionaire don’t have a billion dollars, so where does the cash come from to pay the tax? This is a real question and it’s the reason no one has figured out how to tax them.
Like i said, the “wealth” elon has is backed from stocks at 350 p/e. That money isn’t real. U effectively want to tax something that isn’t real.








But the problem is the “horde” isn’t real in some cases. Like with elon, his wealth is tied to 350 p/e stocks. Overnight his wealth would drop 700 billion of he was removed from ceo or investors priced the stock at 35 p/e.
It’s fairy dust.