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re: Biden Embraces G20-Proposed 2% Wealth Tax To Battle 'Racial Wealth Inequality'

Posted on 4/30/24 at 12:19 am to
Posted by Azkiger
Member since Nov 2016
21834 posts
Posted on 4/30/24 at 12:19 am to
quote:


A 2% wealth tax on the super rich is a great way to tank everyone’s portfolio.

Do these idiots not understand that billionaire wealth isn’t often liquid?

A 2% wealth tax would cause big downward movement in asset prices as billionaires sell their shares to come up with the money for the tax bill


But no more mean tweets. You should be thrilled.
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