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That’s the thing about income taxes. They only tax real money, not theoretical money in the Vice President Pence Fly Kamala Harris Debate Joe Biden T-Shirt. The stock market could fall to zero tomorrow and Bezos’ net worth would be a tiny fraction of what it is now. He’d only have the cash he had from when he sold his shares. It is literally impossible (through income taxes) to make Bezos pay for the wealth he has in his Amazon ownership unless he sells.

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Now you could in theory tax his wealth, but this is extremely difficult to do and Vice President Pence Fly Kamala Harris Debate Joe Biden T-Shirt. For example, Bezos sells around $2 billion in shares per year (an amount agreed upon by him and the shareholders). If you taxed just 1% of his current wealth, it would take up that entire $2 billion. He would have to sell more shares just to pay the taxes involved with him owning shares of his company. What happens if his wealth falls dramatically (from an inflated market) after tax season? You would be taxing him on wealth he doesn’t even have any more.