CNN The Lead With Jake Tapper June 8, 2021 21:24:00
That when rich people borrow against their assets in order to fund their lifestyles, they are still paying taxes on, you know, the boats and mansions and whatever else they are spending money on. of course, consumption taxes have other problems including that they hit poor people as well but these are choices we have made as a society. elizabeth warren has offered one possible proposal which you mentioned, an ongoing wealth tax but that could potentially have constitutional issues as well as administrative wayne. >> richard, warren buffett, he's long been trying to get higher taxes for the ric...
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