Nonsense. There's quite a bit of room to work with when billionaires get taxed. It's not like a billionaire's compensation is equivalent to the cost to write and print a book, so that any tax on the book must be made up with a price increase.

You can see this in what people did with pandemic relief checks: regular people used it to buy necessities, or pay rent. The rich invested it. If the rich hadn't gotten a relief check, they wouldn't even have noticed.

What companies are you referring to? This tax would be on households.

Then we tax them more, 95% was the norm.