People are already familiar with property taxes. They pay them for their houses every year. In some US states they even pay property taxes on their cars.
However, there is no property tax on stocks, bonds, etc, which is how the rich store most of their wealth. So people pay taxes on their houses, but Bezos doesn't pay pretty much anything on his enormous giga-wealth.
People are already familiar with property taxes. They pay them for their houses every year. In some US states they even pay property taxes on their cars.
However, there is no property tax on stocks, bonds, etc, which is how the rich store most of their wealth. So people pay taxes on their houses, but Bezos doesn't pay pretty much anything on his enormous giga-wealth.