So let's do some simple math:
The TOTAL wealth of all the billionares in the U.S. is ~ $9 trillion.
Even ignoring everything else, her plan claims to raise $20.35 Trillion in a decade with tax hikes.
She's just lying.
The TOTAL wealth of all the billionares in the U.S. is ~ $9 trillion.
Even ignoring everything else, her plan claims to raise $20.35 Trillion in a decade with tax hikes.
She's just lying.
Mathematically impossible for Warren to keep the promise she just made. She could take all the wealth of all the billionaires in America, and would still have to come up with 11+ trillion from other Americans. She either has no understanding of her own plan or is just lying.
Ah you're right. Was going from memory. So it's actually closer to $3 trillion for just US billionaires. So even assuming she got half their wealth, she would need to make up $18-19 trillion from somewhere else.
