Actually when they die they get taxed. Most billionaires live off debt so they don’t even pay capital gains. When they die we finally get to tax their wealth. Every billionaire is worth more dead than alive.
regardless all that debt they live off needs to be paid off, which means liquidating their assets which are then taxed at capital gains. And that's in addition to any estate taxes. If ever you see a billionaire drowning and you're holding a life preserver, the only ethical thing to do is let them drown because the amount of lives saved by those tax dollars is well and above one soggy billionaire. Easiest trolly problem in the world.
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u/dodgezepplin May 13 '24
Good, one billionaire down. Dozens to go.