That's the point of a wealth tax, to in fact tax that checking account too. You seem to misunderstand how it would work and what the intent is. It doesn't treat your checking account differently from company ownership; both are wealth, a wealth tax suggests taxing both.

> I don't have IRS breathing down my neck to sell them, why should Bezos have them breathing down his?

You shouldn't if you're not wealthy (as in you have under 20 mil net worth). If you're wealthy, you can afford to pay a wealth tax, and your money will help those poorer.

Why shouldn't we be taking money from the rich and helping the entire country? Why should our country continue to have a wider and wider economic divide?

Anyway, the IRS absolutely would breath down your neck to give them money if you owed them taxes. If all your assets were stock, and you somehow triggered a large tax liability, you'd have to sell some stock to pay the IRS. That's already true. It's perfectly possible to trigger a tax liability larger than your liquid assets now, and have to sell stock to cover it.

But that's rare now. And with a wealth tax that would still be rare. Most people with 20MM+ net worth have liquid assets, or the ability to easily liquidate assets.

You're arguing about an edge case that almost certainly doesn't effect you in any way.