warren had a decent idea of a two percent tax of a wealthy person's wealth. at first i was against the idea, because a lot of rich people do good things with their money, and if we're taking from them, they can't do good. such as Gate's and bufett's philanthropy, or musk and bezo's space travel. but then i realized we can just make exceptions to the tax for stuff like that.
imagine a country where a few people owned half the land, and half the country had none. how is that fair? i realize wealth is different than land, but it's all resources, so it's all the same idea.
rich people usually dont pay much in income taxes, cause they haven't had taxable event on their capital. so that means they pay less taxes than ordinary people like you and me. that's another reason we need a modest wealth tax