By the way, a tax of up to 5% on the world’s multi-millionaires and billionaires could raise $1.7 trillion/year.
That would be enough to lift 2 billion people out of poverty and fund a global plan to end hunger.
We can't afford NOT to tax the rich.
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@rbreich can we also do away with the argument that if we tax billionaires at even up to 90% that they will lose motivation to work and tank the economy?
All it will do is reduce the opportunity hoarding and improve working conditions for the people on whose backs these billionaires extracted their billions from.
