<![CDATA[Yes, billionaires must be taxed out of existence.]]>Yes, billionaires must be taxed out of existence.

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

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

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

There's no financial constraint on fed spending; rather, constraints are availability of resources & managing inflation.

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