This is really naive. It's a very arbitrary threshold and since most of that wealth is in equity, you're essentially asking for the government to appropriate an

This is really naive. It's a very arbitrary threshold and since most of that wealth is in equity, you're essentially asking for the government to appropriate and run all large companies. Maybe you actually think this should happen (I don't) but it's a much more disruptive change than it sounds like on the surface. You're flipping over the entire economic model to a different one, and this affects everyone not just the super rich. And even if hypothetically the government takes most of Musk's and Bezos' money, doesn't mean that you'll get the basic income you're asking for. What you actually need is progressive taxation on extremely high incomes of any kind, and fewer loopholes to avoid that taxation.