Be against a wealth tax or unrealized capital gains tax all you want, but no this is NOT "an act of war against the middle-class." Only those with >$1 BILLION in assets or >$100 million in income for each of the last 3 years are covered. news.bitcoin.com/an-act-of-w…
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Replying to @JEhrenhofer
Im all for it. Everyone knows the power of compounding interest. Imagine compounding tens of billions of dollars every year. Never having to sell and instead take negligible loans against your assets on appreciating assets like land, real estate, etc.

Oct 25, 2021 Β· 10:41 PM UTC

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Unchecked and with favorable estate tax laws, β€˜they’ will own everything.