Seriously, how can anyone defend Tim at this point...
The proposed law, which is already pretty much dead in the water, would operate on a similar principle as property taxes. You have an asset that, in theory, accrues value over time and that value allows you to have more borrowing power than someone who does not. Yes, you do not have actual billions of dollars sitting in the bank and never will, but you have assets that are in the billions and this gives you purchasing power far beyond what folks even comprehend and can make money on your money.
If you want to avoid the tax, you could spread the wealth/ownership amongst your workers OR just pay the tax on your unrealized gains, but no...the only answer is obviously sell off to hedge funds and "foreign" investors (while ignoring how you have already done this through your many rounds of investment)
I am just glad as so many Americans struggle with basic necessities like shelter, food, and health care during a global pandemic, this is the moment Sweeny decides to speak up against the government's actions.