Not "just because", there are l ok Ng and detailed reasons why, which is why various wealthy and well-run countries do it. Also, just because you eye up their

Not "just because", there are l ok Ng and detailed reasons why, which is why various wealthy and well-run countries do it. Also, just because you eye up their holdings before they sell and incur a tax liability, does not mean that they have tax-free wealth. Paper wealth is empty. That's why Musk "lost $200,000,000,000" but you can't name who he lost it to - it didn't go anywhere because it effectively never existed. It's only when he sells that it is realised - and taxed - and that's when he gains access to it. You can eye it up all you like before he sells, but it's not real money.