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one just has to identify how society determines the "rich", and how much to require. both of these are very difficult questions.

i want to tax the rich! yes, i do. lets take a reasonable share and deal with societies ill's.

let's not take all their money; just the excess that there is no reasonable chance that an individual could use it.

for example, you could raise my takes $100 a month and it would not be missed, or noticed. in Elon's case, $10M a month would be nothing.

You can't just dump all his shares into the market and expect it to absorb it.

He still pays capital gains tax when he is realizing profits though.

If you earn a wage, or otherwise rely on an earned income to live or sustain yourself, you’re not rich in the same sense that you’re using the word. Wealth and income are not the same.

The "rich" people you generally want to tax do not toil, their income is all generated by capital (aka "passive income"), not labor.