Obviously it’s a tax increase on working people to fund even more tax cuts for the already insanely wealthy, allowing them to buy up even more assets.
Even if you have a $10m portfolio you’ll be next, once they’ve drained the $100k and $1m lot.
Even if you have a $10m portfolio you’ll be next, once they’ve drained the $100k and $1m lot.
When other countries disengage their financial systems from ours in favor of the yuan, being a billionaire in American dollars will be about as impressive as being a billionaire in Zimbabwe dollars.
What does this mean, in practical examples? Just trying to understand your point.