<![CDATA[Yes, billionaires must be taxed out of existence - eg, robber-baron style: 94%]]>Yes, billionaires must be taxed out of existence - eg, robber-baron style: 94%

The primary reason for taxing them is to *decrease their power*, eg, to destroy democracy.

The feds do *not* need oligarch money for fed spending. As a sovereign currency issuer, the feds can *never* run out of their own currency.

Greenspan:
https://www.youtube.com/watch?v=DNCZHAQnfGU

Constraints on fed spending are not financial, rather, availability of resources & managing inflation.

.

]]>https://forum.fedi.dk/topic/0e4947b2-83b0-4413-bb39-9181a341dae9/yes-billionaires-must-be-taxed-out-of-existence-eg-robber-baron-style-94RSS for NodeSun, 11 Oct 2026 16:07:45 GMTMon, 05 Oct 2026 03:43:48 GMT60