[tomder55]

there are 727 billionaires in the US with a TOTAL accumulated wealth of $4.4 trillion . Let's just assume we could confiscate ALL their wealth (and not have a residual crash of the economy ) . How long would their wealth fund the total Federal ,State and local expenses (about $9 trillion ) ? Yup ;less than half a year . And that is it . Once you seized all their money they would have none left to further fund the nation. So it would be a one off.


So when Bezos and his d@ck shaped rocket gets mocked remember that the biggest d@ck when it comes to spending is the government .

[Athos]

I thought about it and I have a better idea. Why not confiscate the wealth of everybody (roughly $100 trillion - net) and that way the federal, state and local governments get a free ride for ten years.

[paraclete]

Don't know what you fellows are smokin' over there

[tomder55]

yes $100 trillion as opposed to $4.4 trillion . And yet the progressives say that taxing the rich is all that they need . Everyone else gets freebees .

[Athos]

No progressive says that. What they DO say is that the rich should pay their fair share.

[paraclete]

and then they pass and perpetuate tax laws that defeat this purpose, just more rhetoric and B?S, because afterall the politicians are among the rich

[Athos]

and then they pass and perpetuate tax laws that defeat this purpose, just more rhetoric and B?S, because afterall the politicians are among the rich

That's why the greedy pols should be thrown out and replaced by progressive pols.