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A proposed “patriot” wealth tax in Washington and the call for America’s most moneyed individuals to hand over part of their fortunes to Washington leads to questions of motivation: more revenue for federal spending, or a loathing of capitalism.
Hoover Institution research fellow and economist David Henderson discusses the accumulation of wealth in America and whether the “assault” on high-profile billionaires is a mere attack or the early stage of a longer siege.
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