> You're sitting on greater than 50 million dollars?

Outside of Disney comic books, money doesn't sit around.

The money "in" my savings account is just bits in a database. The value it represents has been loaned by the bank to someone who is doing something with it.

When I sell stock to pay a tax, the money to pay that tax has to come from someone who bought it. That value represented by that money is value that won't be used for other things.

Are you certain that what govt will do with that value is better than what those someones are doing with it? That's the question because taxing me means that they won't have that money and govt will. (Taxation doesn't create value - it moves it.)

All of the talk about roads and stuff is somewhat dishonest. Transfer payments dominate govt spending, not production of goods and services.

> That what a wealth tax would most likely target

Ah yes, the "the tax will only affect bad things" rule. Is there any good reason to believe that the folks who are pretty much responsible for the current tax system will somehow figure out how to do this correctly?

Your belief about "money just sitting around" is not encouraging.

When things go south, we'll hear about the value of breaking eggs, but for some reason the omelets don't show up.