But even if the UN billionaire tax, — *starting* for now at 1% and *initially* only applied to billionaires (dream on…)– stays on billionaires only but eliminates a single one of those future, to be, 1200 billionaires, then the tax will have still had a negative overall effect. (Though I understand that you may not think so if what you envision is crony statist capitalism where wealth often correlates with corruption – hence the vicious cycle, but that is another story…)

Now if humanity votes on these taxes, good luck to the one third of a billion Americans overcoming the six billion worldwide vote. But my hunch is that, Americans, while they still maintain their sovereignty, will vote “Hands off our billionaires’ money! It is reserved for our own HopNChange plans – you know, to distribute to the occupy protesters who are still in the top twenty percent of wealth by worldwide standards”. Another approach would, of course, be to have the occupy protesters put their money where their mouth is and trim their fat (by world standards) wallets to support some UN bureaucracy that will keep twenty percent, waste fifty percent, and redistribute the remaining third worldwide.