Get ready to take a financial hair cut. They plan on confiscating 10% of bank accounts and stocks. This will send the market into a crash.
Some Democrat was talking awhile back of seizing retirement accounts, and replacing them with 30-year government bonds paying 2% or so.
That’s not confiscation, because you’re getting something of equal value in return. Of course that “something” has little value going forward.
I can’t see this happening any time soon. But should radical DSA Democrats ever take control of Congress and the White House, oh yeah.