Don't most of these individuals hold bulk of their wealth in corporations? They are probably not sleeping on a few billion dollars :)
When they have to pay this tax, they will have to dilute the company which in turn affects their control and hold, possibly even the direction of the company over time. So yes - corporations will eventually feel the heat.
When they have to pay this tax, they will have to dilute the company which in turn affects their control and hold, possibly even the direction of the company over time. So yes - corporations will eventually feel the heat.