Loading ...U.S. Billionaires Got 62 percent Richer During Pandemic. They’re Now Up $1.8 Trillion.
Not only did the wealth of billionaires grow, but so did their numbers: in March of last year, there were 614 Americans with 10-figure bank accounts; this August, there are 708. Their $1.8 trillion of increased wealth alone over 17 months, which will not be taxed unless they sell their assets.
https://ips-dc.org/u-s-billionaires-62-percent-richer-during-pandemic/
Their collective increase in wealth should not be taxed, whether they hold or sell. They took the risks, they earned the wealth. Government has no claim on that. Zero.
The taxes levied are an affront to human freedom, a travesty imposed on an ignorant (and pretty stupid) population.