Securities are stocks, bonds, and other intangible, financial assets. “Wealth” includes personal property like cars, trucks, boats, jets. “Wealth” includes real property like their home. The problem isn’t that rich people have personal property. Someone built that car. Someone built that boat. Someone built that jet. Someone built that house. All those builders were paid to build those products. Workers are hired to maintain this property. Workers are hired to pilot those boats and jets. Economically, we want them to buy up personal property. We want them to have a lavish house (not 4200 houses in 17 states, but a lavish house to live in… We also need a massive real estate tax, exempted for owner-occupants, but that’s another story) The problem is when they don’t buy the car; they buy the car company. They don’t buy the boat, they buy the boat manufacturer. They don’t buy the jet, they buy an airline. They aren’t buying the worker’s product; they are buying the worker’s employer. When a dollar comes into the company, their share of stock entitles them to take a portion of the money that would otherwise go to the worker. It should be incredibly easy for the working class to own stock. The richer you are, the harder it should be to hold that stock. The problem isn’t that they are rich. It’s that they are buying businesses rather than the products those businesses produce. We need a massive, progressive tax on their shares. We need a tax that only applies to the business holdings of the richest of the rich: A securities tax.