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Once again, the problem is that the banks aren’t being taxed. The reason the billionaires don’t pay taxes is that they buy everything with money they borrow from the banks.
Borrowing against assets should be income that cannot be offset by the debt.
The problem is more that one person can control billions in assets, particularly when the staff that generates the revenue that gives these assets value are in poverty.
Taxing billionaires will just get rolled back, the problem is Capitalism itself.
Collectivize the Means of Production.
for the first time
Nobody ask about the long-term capital gains rate going back to Ronald Reagan’s '83 reform.
