Global bestselling French economist and author Thomas Piketty has just released “Capital and Ideology”. However, it won’t be available in English until March 2020. Well, if it comes out in Spanish before English I hope AOC is first in line.
He’s calling for a graduated wealth tax to tax billionaires (who he says hurt economic growth) out of existence. It will start at 5% for those worth more than $2 million euros and run as high as 90% for those worth more than $2 billion euros.
Is there anyway possible we could get Piketty, Warren, and Sanders to have lunch sometime soon? I wonder how many simultaneous heart attacks there would be on Wall Street at that moment?