So this is a fascinating read:
Much to discuss!
Privacy! Private citizens’ tax records released without consent. Do we care?
Fairness! Check out the growth of Bezos/Buffett/Bloomberg wealth and the growth in taxes paid versus average American wealth growth and growth in taxes paid. Is that the way things should work?
Morality! Who are we to say that wealth growth should be taxed more?
Unrealized capital gains! If you institute a tax on non-cash wealth growth, it would likely mean forcing people to sell assets. Is that problematic?
So much good stuff in here…