#Billionaires should be #taxed out of existence..
And the weird thing is they would still be super rich - AND - dumping all that tax money back into the economy would generate even more revenue for the super wealthy that own all the s*** we rely on...
It would juice the economy like a 2 or 3% fed rate cut..
Then they would be taxed again... more money dumped into the economy, they get rich again... It is a virtuous cycle.
@cy @BrianJopek @oldguycrusty Communism and Capitalism favor a too-small ratio of wealth, instead of judicious symmetry. This math is the cause for the rise of Democratic Socialism - or, a 'sustainable middle'. Removing the abusers by the masses, must be persistent - even if it means they just retreat to their luxury bunkers.
But Authoritarian Autocracies are also on the rise, so your plans better be long term.