The stock prices wouldn’t be affected except in the short term. The fundamentals of the companies wouldn’t change and so the price would recover quickly. Any dip is due to a temporary imbalance of buyers and sellers.
These stock sales would likely be spread over longer durations so as not to crash the price which would also be bad for the billionaires because they would have to sell more stock to cover the tax.
Exactly. There are smart ways to implement these taxes. It’s not just make them sell and tank the economy. This is all just a system made up by humans, we can control it.
The stock prices wouldn’t be affected except in the short term. The fundamentals of the companies wouldn’t change and so the price would recover quickly. Any dip is due to a temporary imbalance of buyers and sellers.
These stock sales would likely be spread over longer durations so as not to crash the price which would also be bad for the billionaires because they would have to sell more stock to cover the tax.
Exactly. There are smart ways to implement these taxes. It’s not just make them sell and tank the economy. This is all just a system made up by humans, we can control it.