Should We Tax Billionaires Out of Existence? Does Wealth Redistribution Benefit the Poor?
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Tonight, we look at the simple question of should billionaires exist? At a time when the rich get richer and the poor get poorer, there are increasing calls to tax the rich out of existence. The argument is that the wealth redistribution would benefit the poor and the rich don’t need that much money – they have enough. We’ll examine the arguments for and against with the goal of understanding what is causing the phenomenon and various options. We’ll look at how the rich got rich and the impact of their existence and increased wealth on the poor. Plus there be updates on what else is going on in the economy that impacts you and your future. PLUS – the rambling. Join us tonight – Saturday Night Live and Rambling @ 7:00PM, EST.
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