Why not tax purchases above a certain dollar amount at a higher rate then? E.g any purchase over 50M has an additional sales tax of 50%, so 75M total. Then you can’t really argue that it being their real liquid assets vs more ethereal assets like homes or in Bezos’s case stocks makes a difference. If you’re buying something that costs $50,000,000, then you definitely have quite a lot of REAL purchasing power and money to spend, regardless of how or where you store it.
Why not tax purchases above a certain dollar amount at a higher rate then? E.g any purchase over 50M has an additional sales tax of 50%, so 75M total. Then you can’t really argue that it being their real liquid assets vs more ethereal assets like homes or in Bezos’s case stocks makes a difference. If you’re buying something that costs $50,000,000, then you definitely have quite a lot of REAL purchasing power and money to spend, regardless of how or where you store it.