Just want to point out that almost all Americans already pay a substantial wealth tax. Most of middle class wealth is in the value of their homes and that weal

Just want to point out that almost all Americans already pay a substantial wealth tax. Most of middle class wealth is in the value of their homes and that wealth is taxed as much as 2.4% per year by states and local government in the form of a wealth tax called a property tax. And no, you don't get out of that wealth tax by renting. Renters are paying their landlords property taxes as part of each months rent check. Given that, a 2% tax on billionaire wealth doesn't seem unreasonable. Shouldn't their wealth tax burden be the same as the middle class? Yes it would be complicated but not nearly as complicated as assessing the value of millions of homes in the US (and commercial property, vacate land, etc) and sending out a yearly property tax bill, handling appeals and then collecting.