Well, lookee here... 🎼 ... There's a man in the doorway / Of a motherfucking mansion / Aiming at the feeder / Where you'd sat to take a feast
Most billionaire wealth isn't in yachts or jewelry — that's just a few percent of it. Most is productive business capital: companies that employ people, build things, and fund research. Tax that wealth and you're taxing the businesses that employ us all. Cato's Adam Michel explains.