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Should billionaires be banned?
Billionaires should be taxed at 100% on all wealth over $999,999,999.
No individual needs to own more than $999,999,999 in personal wealth.
Wealth is very concentrated at the top. Some of that wealth should be redistributed from the top to the bottom to support them.
If billionaires were taxed at 100%, they would no longer have interest in investing in their businesses.
It would be difficult to implement.
A 100% tax on anything is harmful for tax revenues.
It is unfair to tax anybody at 100%, however wealthy they are.
Billionaires are able to fund non-profits and be powerful philanthropists,
achieving things that other organisations are not able to do.
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