You're right, higher taxes on the billionares would create all sorts of second order effects, like the ability to pay for the social safety net for the common folk, maybe educating the populace properly, all sorts of truly scary stuff!
You're right, higher taxes on the billionares would create all sorts of second order effects, like the ability to pay for the social safety net for the common folk, maybe educating the populace properly, all sorts of truly scary stuff!
I didn't say "higher taxes". I said "take it" - meaning take all of it. Confiscation. That's what I think many of these people are trying to say, without quite saying it.
Totally a realistic scenario that's totally happened before! Totally a reasonable concern and not something that's a made up bullshit scenario!