That’s 6.4 billion a year in wealth tax—if his wealth remains constant.
The wealth tax ain’t a one time thing.
My dad had a cousin in Norway. Very wealthy guy with a business and properties and toys.
He paid more in taxes than he earned in a year.
“Tax the rich, feed the poor, ‘till the rich are rich no more.”
I’ve always wondered if that old song had that line in there as sarcasm? Probably not - idiot hippies.