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Episode 357: Biden’s Wealth Tax
Words & Numbers
English - December 13, 2023 15:30 - 31 minutes - 24.9 MB - ★★★★★ - 336 ratingsEducation Business education current economics events government libertarian liberty news policy politics Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
More frequently, politicians are talking about a wealth tax. As with the income tax back in the early 1900s, politicians promise that the tax will only be one or two percent and will only apply to the rich. But, as with the income tax, if politicians can convince voters to allow the government to impose a tax on wealth, it will be less than a decade before that new tax hits the middle class.
Foolishness of the Week: 15:15
Main episode: 19:45
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https://robertreich.substack.com/p/ceo-pay-is-out-of-control
https://www.bls.gov/oes/current/oes111011.htm
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