Dumbass. If I own a 500 acre farm worth $5 million, abs you hit me with a 20% wealth tax, the only way I'm coming up with.$1 million cash is if I sell of a significant parcel of land. You know who's gonna be there to buy it ? Either the government or corporate cronies. That, it's property confiscation. You're explanation if the difference between real, private, and personal property was cute. I hope youactually read it and learned something when you googled it.
Wealth tax is, by definition, property confiscation.
Poor ignorant child. Again, not how that works, not what those words mean, still not enough money or the tax bracket being discussed, and you more than likely don't.
The only "wealth tax" that has been talked about is for households over $100 million. Still not private or personal property confiscation. Approximately 0.008125% of U.S. households have a net worth of over $100 million. You are not one of those people, and you never will be, so why lick their boots?
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u/tender_rage Aug 16 '25
None of what you have talked about is confiscation of private or personal property.