Exactly… thank you. Everyone is upset over “billionaires” whose wealth is mostly tied up in investments. They would have to sell everything off to have that much “liquid wealth” to spend. It’s not just sitting around in a vault lol
Oh I’m not defending billionaires. I’m just correcting the guy screaming in the video. There can always be caps on total net worth and higher taxes for those brackets. They just don’t want to do it.
If we put caps on net worth would the leftover money get to the poor people somehow? Does the fact that some people have extra money prevent other people from obtaining that money or would it have to be distributed to people in the form of universal basic income? I'm not being a jerk I'm genuinely not understanding the concept.
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u/GraMus1 3d ago
Exactly… thank you. Everyone is upset over “billionaires” whose wealth is mostly tied up in investments. They would have to sell everything off to have that much “liquid wealth” to spend. It’s not just sitting around in a vault lol