We cannot have a conversation because you are a troll and a simpleton, and you are unable to disagree without acting like a donkey.  And you write like a child.

https://www.msn.com/en-us/money/other/newsom-pitches-federal-wealth-tax-after-losing-california-battle/ar-AA26zp68?ocid=msedgntp&pc=U531&cvid=7d02894dfd55409fbba107edb5486a69&ei=11

Alarming for the getbigger billionaires.

I don't like these proposals. Most taxes begin with promises that they'll only target "the super rich," but they rarely stay that way. Over time they will quietly expand to cover more and more people. A wealth tax will follow the same pattern, gradually ensnaring a larger share of the public as the years go by.

Beyond the scope creep, the tax will encourage people to shift their wealth into less traceable and harder to value assets. It's relatively easy to calculate the value of publicly traded stocks. But assessing land and real estate will require surveys. Private assets like fine art, jewelry, or gold bars stored in safes are even more difficult to track and value.

In the end, this will distort behavior. People will move away from productive investments, change how they hold their assets, or even relocate abroad.

He was in Over The Top, the armwrestling movie with Stallone, way back.

If you can drive a van, you can fly a plane!