Machinations of the wealthy have resulted in a “rigged game” against workers and the middle class, Hartmann claimed, and all wealth beyond $1 billion should be confiscated “to help those of us who have less” (audio) –
I started my rant about billionaires earlier, at the beginning of the hour, let me just finish it really quickly. I think we should have a wealth tax in the United States and I think all wealth over $1 billion should be taxed at the 100 percent rate. If you can’t make it on a thousand million dollars, a billion dollars is a million dollars a thousand times, if you can’t make it on a billion dollars, well, there is no therefore. There’s nobody who can’t make it on a billion dollars. So, any wealth over a billion dollars, a hundred percent of it goes to help those of us who have less. You can call it redistribution of wealth, that’s fine, I am perfectly comfortable with that language. I think we should outlaw billionaires.