this post was submitted on 27 May 2026
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It can have adverse side effects on the market and the company, but I'm reality the cost will just be passed down to the customer. The taxes will just be included in the compensation package. The money has to come from somewhere, and is is not from the open market (aka your 401k buying the stocks) it will come from the companies revenue as part is the package. It won't actually get anything off value extracted from the billionaire because we might get added tax revenue, at the cost of 401k growth, or it pops bubbles causing the wealth the vapirize when trying to realize money. Best case is we get more tax revenue at the cost of increased goods cost.