We just shouldn’t tax people based on their paper wealth — because it could be gone next week. And such taxes will 

Politics_And_Law

Stacker_Stocks

econ

Elon Musk’s Paper Billions Are Vanishing

0xbitcoiner

> We just shouldn’t tax people based on their paper wealth — because it could be gone next week. And such taxes will [discourage](https://thedailyeconomy.org/article/why-eating-the-rich-undermines-everyones-prosperity/) the very innovation that [improves our lives](https://thedailyeconomy.org/article/even-after-taxes-the-rich-fund-their-fair-share-of-progress/).

Good point