If we are to tax people because they benefit from public services, then poor people should be taxed more than rich people since they benefit from those services more.
> And they don't pay much for it Not true
> (in percentage terms definitely). Why would it matter?
I don't want to live in a dystopia with _untouchable_ hyper wealth individuals so I believe that governments should make it very hard to stay a billionaire and virtually impossible for people to inherit that level of generational wealth from their family.
I am very keen for levels of taxation (and the closing of all the loopholes) that would force billionaires to liquidate significant percentages of their assets to pay taxes as I think it will encourage them to work a bit harder. After all if they managed to become a billionaire once they must be very clever, right?
Even almost all their "assets" are stocks in the companies they created? Would the idea be that the founders of these companies should lose control over them?
The suggested wealth tax is 2%. I have no concerns that a billionaire capable of creating a multi billion dollar business would have any issues raising $20 million per year to sort out their tax bill.
Are there any billionaires you're worried about in particular?