Mario Nawfal(@MarioNawfal):🇺🇸 Rep. Ro Khanna: "250 Californians are worth $2.2 trillion: HALF the Californian economy. Their wealth rose 144% in the last 3 years. If they pay a 5% tax to keep healthcare clinics open, they are still going to be worth $2.2 trillion. They won’t be any less rich." So you tack on a 5% wealth tax, the next guy tacks on a 10% wealth tax, then 20%, then 50%.... I don't think the the 5% is the issue, per se. It's the precedent it sets for those that want even more. Writer: Michael

Mario Nawfal

@MarioNawfal

Largest Show on X (Live Daily 10am-8pm ET) | 24x7 Writers Covering News | Investor 700+ Startups | Founder @ibcgroupio ,

가입 October 2020

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Mario Nawfal@MarioNawfal

3hours ago

🇺🇸 Rep. Ro Khanna: "250 Californians are worth $2.2 trillion: HALF the Californian economy. Their wealth rose 144% in the last 3 years. If they pay a 5% tax to keep healthcare clinics open, they are still going to be worth $2.2 trillion. They won’t be any less rich." So you tack on a 5% wealth tax, the next guy tacks on a 10% wealth tax, then 20%, then 50%.... I don't think the the 5% is the issue, per se. It's the precedent it sets for those that want even more. Writer: Michael