I read somewhere that if the US could confiscate all of the assets from every American billionaire, it would fund the government for a few of months. Something like that.
The usual Left's campaign battle cry has always been 'tax the rich', 'tax the corporations' and 'fair share'. When those assets leave, even 100% of 0 always ends up 0.
Economic Illiterate is the term I have heard most regarding the left and their ideas.
Look at what is happening to high end real estate in LA thanks to their brilliant $10 milllion home tax
I read somewhere that if the US could confiscate all of the assets from every American billionaire, it would fund the government for a few of months. Something like that.
The usual Left's campaign battle cry has always been 'tax the rich', 'tax the corporations' and 'fair share'. When those assets leave, even 100% of 0 always ends up 0.
Economic Illiterate is the term I have heard most regarding the left and their ideas.