@wapodavenport According to their own estimates, this tax only covers ~10% of the $3.5 trillion spending bill.
Where will the other 90% come from?
The answer is you.
@wapodavenport US national debt is ~$28,900 billion or ~$229k per taxpayer.
Even taxing all “billionaires” at 100% would only make a small dent in that number, so obviously the rest must come from the general public. This is basic math.
Spending is the real problem.
https://t.co/1EwWyqdVsT
Institutions tend to censor inflation stats. This happened in Argentina, Venezuela, Zimbabwe.
Twitter should prepare for the moment when it must fact check the establishment on inflation. That will require shadow stats on inflation from consumer purchases, perhaps from Square.