The logistics are just more difficult because WE let it be more difficult. "Oh it's so difficult to tax a billionaire". No it isn't. If we wanted to do it, we c

The logistics are just more difficult because WE let it be more difficult. "Oh it's so difficult to tax a billionaire". No it isn't. If we wanted to do it, we could. We just do not care, and we let them get away with it. Shares are not money, shares are a percentage you own of a company, that's it. It's when you sell said shares and turn it into money that it becomes taxable. It's not rocket science. If you hold the shares forever, that's fine. But as soon as your future son sells them, they get taxed. I really don't know why everyone always says stuff like that, it's really not a difficult concept. Money is money, stuff that is not money is obviously not money. A house worth 1 million is not equal to 1 million until someone gives you 1 million for it. Before that it's just a pile of wood. Now this would promote not selling shares, but maybe transferring them. Okay you can't transfer shares. We just don't try, there is no attempt at anything. If we wanted too, we could. I am not saying we'll get everything, but even 1% more of what we get right now is worth probably the same tax we collect from all of the poorer tax payers. I personally don't think we should tax income, I am a proponent of a higher sales tax and zero income tax personally. I think that's easier. You want to buy a jet? Ya you're paying 40% tax, but you get to keep all of your millions.