Have you read this bill? I highly doubt it, so I recommend it, before implying your support. It's not a serious bill, it's a 17 page piece of silliness that includes concepts that have never had broad support, like mark to market valuation for recognizing equity market gains, and determining who is and is not a real billionaire, as in the infrastructure for a general wealth tax. And this whole scheme seems to have been cooked up by those two foolish Berkeley professors, Saez and Zuckman, who were behind Sanders' and Warren's wealth tax proposals, as they're quoted on Bernie's website. (It went so well for Warren she came in third in the primary in her own state, just slightly ahead of Bloomberg.) I've read some really dumb, naive congressional bills before, but this one may be the dumbest, poorly written, and most poorly conceived of I've seen yet.
I'm just glad I don't live in California anymore, so my tax dollars aren't partially funding Saez, Zuckman, and that other fool, Robert Reich.
And BTW, these taxes wouldn't be paid out of bank accounts, they'd be paid by the target individuals selling hundreds of billions of dollars of equities on the open market in a short time frame. How do you think that would affect the rest of us who would actually miss the certain substantial loss in the value of our investments? Or are you and
@lovinthehd so intent on satisfying your need to watch the ultra-successful brought down tens of billions of notches that you don't care about secondary or tertiary effects on the economy and the rest of us in general?
