DigitalDrifter
Diamond Member
Wealth taxes fail every time they are tried. The results that Europe has had, should tell any thinking person that this will only chase these people away.
The Democrats' proposed plan to impose new taxes on the ultrawealthy is being met with sharp criticism from the billionaires it is targeting, including Sam Bankman-Fried, co-founder of cryptocurrency exchange FTX.
- The Democrats' proposed 'Billionaires' Tax' could cause "collateral damage," FTX boss Sam Bankman-Fried told The New York Times.
- Such as tax would be a blow to innovation, said the crypto exchange co-founder worth $26.5 billion on paper.
- Bankman-Fried donated to Joe Biden's presidential campaign.