The wealthy will have ways to get around it, and as always the end result will be the middle class getting soaked.
Money is fungible. You can bet they suddenly be under 50 million in no time at all.
It is a better idea to let the rich get richer while creating jobs for the rest of us...
This puts Nancy in her crosshairs. Nancy is worth more than that.
“The wealthy will have ways to get around it, and as always the end result will be the middle class getting soaked.”
The wealthy have already figured out how to get around it.
When Biden was elected you could almost here the wooshing sound of money leaving our country for off shore secure and very private/confidential accounts and investments.
That money will stay gone for generations if need be and there is nothing that those on the left who feel entitled to other peoples money can do about it.
The fake squaw needs to sit on it and spin.
FauxSquaw is so stupid that she thinks that everyone with money just has to live in the USA. Nope. They can ship their money offshore and continue to live here or they can just move with their money and still have great lives.
Those with that kind of wealth did not make it and manage to keep it because they were or are as stupid as she is.
“The wealthy will have ways to get around it, and as always the end result will be the middle class getting soaked.”
The main way to get around this is to make contributions to Radical groups and the democrats from wealthy individuals who don’t usually support such groups. This was probably the real goal from the start. Very wealthy people who usually support such groups are very likely behind this attempt to extract money from others.