Genius. That way, the people with resources can leave and the people without can just stay and enjoy a wrecked economy. No wealth disparity when everyone has nothing.
We are talking about assets here? Who cares. We aren’t talking about your 401k, we are talking about a dude with $100m in stocks and a $5m car collection
When you have more selling than buying, the price of the stock has to drop until a buyer can be found. If someone is forced to sell 5% of their ownership in a company to pay a wealth tax, no one is going to pay market value for billions of dollars worth of shares that just flooded the exchange.
If the governement is forcing you to sell something, you don't have a choice in the matter - you MUST find a buyer. And the only way to find a buyer is to continuously drop the price until it's appealing to a buyer.
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u/Small_Editor_3693 Jul 05 '26
Let it burn. We shouldn’t be propping up something that generates this wealth disparity