Hacker News new | ask | show | jobs
by zabzonk 860 days ago
or higher taxes on the rich?
1 comments

The combined total net worth of all US billionaires would pay for about 8 months of US federal spending...once.

Also, wealth isn't just in the form of money.

A culture that produces few criminals is a form of wealth that can't be captured by taxes.

i said "rich", not "billionaires". agree on your other points though.
A infinitesimal fraction of the population could pay for our entire government for 8 whole months? Sign me up. You could even leave every one of them with a billion dollars and still not change the math.