They still sell them

Being old does that to people

We really shouldn’t, and yet tesla is 350p/e

Company’s selling your data.

Everyone does it, and there is basically pages of information about you that every company see.

But they aren’t the ones evaluating it, the stock holders and buyers are. Plus i agree they should be able to sell it, but I’m a system where every billionaire is running to the open market to sell stocks for taxes wouldn’t work because other would pull out of the market. So the value is the sticks would install go down to realistic p/e earnings. Essentially wiping out the wealth we are trying to tax.

But your still didn’t explain where the money comes from.

We also call billionaires billionaires because they have a “net worth” of a billion, but having a billion dollars. Example is elon, is he went to the open market and said he is selling all his stock, he would probably get 100 billion. So good net worth would go from 700 billion to 100 billion because he went from a stock evaluation of 350 p/e to 30-35p/e. So that 600 billion disappeared because it isn’t real.

So we tax wealth that isn’t real, where did the money come from. It didn’t come from thin air, it comes from somewhere.

So then, where does the money come from then?

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.

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.

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?

But where would the money come from to pay the tax from billionaires? They don’t have cash so they would need to get it from somewhere.

That isn’t the plan. Person computers are still available, but ram production didn’t match demand.

Also billionaires don’t have a billion dollars so they don’t effect you. Their wealth is stocks that only home value because you keep buying them. If the bubble pops those “billions” disappear.