right. The story told is that the money in the market (stocks, shares of companies, holdings, real estate, etc) is playing a part in creating wealth for everyon

right. The story told is that the money in the market (stocks, shares of companies, holdings, real estate, etc) is playing a part in creating wealth for everyone, and therefor better served by being left where it is. there's 0 reason you can't say "this person is reporting holding, assets and liquid wealth of 2 billion dollars, so he owes X% back to the state." The issue is that typically the wealthy have the most influence over tax code, and they use net worth as a way to keep their money out of play. But, like, you know, Amazon being worth so much money is really helpful to everyone because...reasons.