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.
I think the confliction comes from your assumption. You assume he is vegan or anti anime meat, or you assume he thinks murder is wrong.
Also, is you get rid of a billionaire, how does that help the people? I'm give you an example. We take all of elon musks assets and socks. Go to the open market to sell them. No one buys them because they don't want the stocks taken from them, so the people buy them. The sticks are now worth 1/100 of the original value because elons companies are high P/E stocks. So know you turned a "trillion" into 100 billion that the people paid for. You then use that 100 billion to pay for services. It's gone in 8 months.
Next year you are have no service, no money, and possibly down companies that failed.
I don't see the point.
They don't have a billion dollars. So where did the money come from to pay the tax?
I'll tell you, it's you. The consumer.
I bet you think China pays the tarrifs too
And you think that kind of system would work? And who is buying the assets?
Because all new tech gets showed off on state during the prototype stage
It's actually the opposite.
My xray was $1000 with insurance, but my co pay was $100.
I asked how much the cash price is without insurance and the xray was $100.
Medical procedures are 90% off of you pay cash.
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.