Under a 3% wealth tax, Bezos’ first-year “fair share” exceeds *all* his liquid assets. Founders’ wealth is in their companies, not yachts. There’s nothing worth enough to sell but ownership stake. A cartoon vision of wealth is going to dismantle the strongest economy in the world
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But tech is weird; valuations & failure rates are simultaneously MASSIVE. To take an extreme example, if you owned a 5% stake in Theranos at its peak, you'd be paying $15M/year for it, and of course it would've turned out all that wealth was entirely illusory anyway.
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