To use Bezos as an example, how would you work that out? Take away his ownership of Amazon as it increases above 100MM? Who would you give it to? Would you nationalize it?

> a hard wealth cap. 100% tax on wealth above $100M

I can’t think of a better policy suggestion for folks who have more than $100mm than this. Sort of like “corporate death penalty” mostly serves to distract from fines, “no more billionaires” conveniently distracts from e.g. adding tax brackets to pay for increasing the ones we have.

Billionaire status points not only to extraordinary talent but also to remarkable positioning in our business environment and regulatory framework.

If that environment/framework has been unjust, how could you remedy it? A taking seems deeply problematic to me. That said, a renewal of our nation's antitrust laws might be a more effective and palatable approach.

While I don't disagree, that is unrealistic.

Will that save newspapers?

So if you build a company that all of the sudden everyone wants a piece of, you aren't allowed to keep it

If someone says a valued family heirloom of mine is worth $110M I would be forced to sell it?

I don’t get why reasonable claims like this get downvoted. Are billionaires downvoting them? Do so many other ambitious people expect to become billionaires at some point in their lives?

Remember that once that happens the next year somoene will propose a 100% tax on wealth above $1M.

Then $100k.

And then you live in Cuba.