Calls to “Abolish Billionaires” Are a Moral Travesty by Keith Lockitch - a podcast by Ayn Rand Institute

from 2019-12-04T17:30:42

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There’s a new campaign slogan among Democratic politicians: “Abolish Billionaires.” Nobody can honestly deserve a billion dollars, they claim, so they want to impose radical new taxes on the super-wealthy. Indeed, people are arguing that the very existence of billionaires is some kind of moral outrage. Wealthy people are being blamed today for all the…