Idiots like Warren and Sanders just think it’s the easiest thing in the world to slap a wealth tax on the ultra-rich. Well, guess what, a-holes... it ain’t that easy. Funny thing about the ultra-rich... they can afford to move their money and themselves.
The wealthy can hire world class tax accountants to find loopholes in the always-complex tax legislation.
Taxing the wealthy is like herding cats—they will scatter in all directions.