On: Billionaires should face a minimum tax rate, repor...

[ragestorm]

They pay 2% on their wealth.

[influx → ragestorm]

Their wealth is usually stock in companies they founded.... Billionaires don't sit around with a billion dollars in their checking accounts.

[eli → influx]

They don't sit around with zero dollars either though, right?

Even without a wealth taxes there are situations where someone may need to borrow or sell assets to cover a tax bill. The billionaires will be ok.