The size of the government is absolutely monstrous.
Absolutely legendary fact check pic.twitter.com/wvBkrYr1FR— Chris Freiman (@cafreiman) May 24, 2022
The funny thing about 8 or 9 months is that both figures are wildly optimistic. If the US government was retarded enough to confiscate all that eeevil billionaire wealth today, then it would have to sell roughly ~$3 trillion to get cash. Four points:
- This would lead to one of the most spectacular stock market crashes in history.
- Who the hell in their right mind is going to buy billions of dollars of equities when they know that the government will simply confiscate their money when it feels like it?
- Whose neck gets it when the billionaires are toast? The big bad multi-millionaires!
- Capital is going to leave America at a staggering rate.