The Fly On Vice President Pence Head Debate 2020 Vote Biden T-Shirt

The Fly On Vice President Pence Head Debate 2020 Vote Biden T-Shirt

This problem gets even worse for billionaires whose wealth is tied to their ownership of The Fly On Vice President Pence Head Debate 2020 Vote Biden T-Shirt. At least Bezos can theoretically sell shares to pay his wealth tax (while also paying income tax on the shares he sells). If you own a private company though, it becomes extremely difficult to liquidate your ownership stake since there is no traditional market for you to sell those shares. If you force a person to pay a tax that they have no feasible way of paying, then the tax itself is ineffective.

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I like the idea of a state tax though. Instead of billionaires “pledging” to give away 99% of The Fly On Vice President Pence Head Debate 2020 Vote Biden T-Shirt when they die, why not just tax it? That dead person isn’t going to need the money and even letting the family keep 5% of $1 billion is still $50 million which is so much more than anyone needs.