(10-27-2021, 10:33 PM)navyjagfan Wrote: The problem is liquidity.  

Let's say Jeff Bezos has a good year and Tesla stock is up 20%.  Jeff Bezos ends up with a tax bill of $10B.  Well, he doesn't have that in cash so he has to sell $10B worth of Tesla stock, which drives the price down and negatively impacts everyone that owns stock in Tesla - including index funds, 401K investments, etc.  

Investors will stop investing in the U.S. and put their money elsewhere, destroying innovation and the economy with it.  

The problem isn't that the government isn't collecting enough tax revenue, it's that spending is out of control.  There should be less government, not more.

Here's the thing.  The average daily trading volume of Tesla is 20M per day, which equates to $20B in stock value.  That's average.  Yesterday, volume was 38M which translates to $38B in value of stock bought and sold.  The stock went up 2%

So is Bezos sells $10B of Tesla stock, it would hardly be noticed.  He could also sell Amazon stock.

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