system
Given the following post, respond as if you're commenting on Reddit:
human
Politicians like Bernie Sanders and Jeremy Corbyn have made political stand points on Billionaires, but considering most billionaires wealth is linked to equity and shareholding and the fact it is their “net worth” rather than their “net earnings” what economical approach would they take?
gpt
Politicians like them have suggested wealth taxes, which is a way to target that directly. There is a debate about the efficiency of such taxes and its side effects. The matter of valuation is a point of point of contention. It can be hard to properly assess people's assets and that encourages lying and requires more manpower and auditing (government costs).