Comment by kiba

We shouldn't tax production but what people take, like land, or polluting our environment, or monopoly privileges granted by government.

Which all coincidentally tax billionaires a lot to the point there might not be billionaire, but it's not the 'fair share' that people thought of. It's not asking the rich people to pay more because they make more, but because they owned non-reproducible privileges or because they imposed a cost on our shared environment such as CO2 emission.

Don't tax what people produce, but what they took.

The tax revenue collected would be then be invested by government to boost the economy or else return to the people via the Citizen's Dividend.