It would be nice if you could just pay the government a percentage of the shares themselves as a tax, rather than a percentage of a guessed-at illiquid value.

It would be nice if you could just pay the government a percentage of the shares themselves as a tax, rather than a percentage of a guessed-at illiquid value. I'm sure the government would have a lot more paperwork to do holding onto all these random shares, but the benefits from simplifying and de-risking equity offers would outweigh that many times over.