>Bezos, Musk, Zuck and the likes (or even PG himself, likely) don't pay 40% tax on their wealth growth, they currently pays 0%. No one should pay taxes on "wea

>Bezos, Musk, Zuck and the likes (or even PG himself, likely) don't pay 40% tax on their wealth growth, they currently pays 0%. No one should pay taxes on "wealth growth" because it's not realized. They paid income taxes on the shares once they received them, and will pay capital gains taxes once they sell them. >In fact, to make them pay as much tax as their employees, there should be a 2% wealth tax, not 1%. Hence, a “mere 1%” is in fact a very generous proposal by leftists politicians and economists, as it would still mean the wealthy only get half the rate of working people. They paid the same tax as their employees once they received the stocks. They will pay the same capital gains taxes as their employees once they sell.