ReasonTV | Why taxing billionaires won’t work @ReasonTV | Uploaded 2 days ago | Updated 18 hours ago
Seizing every home, yacht, business, and investment from America's 800 billionaires would fund the federal government for just nine months. And then the money would be gone. So would your 401(k), given that most of this wealth would be seized from the stock market, causing the S&P 500 to crater. #economics #taxes #billionaires #tax
Seizing every home, yacht, business, and investment from America's 800 billionaires would fund the federal government for just nine months. And then the money would be gone. So would your 401(k), given that most of this wealth would be seized from the stock market, causing the S&P 500 to crater. #economics #taxes #billionaires #tax