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And yet they have so much wealth that these 2 cents would add up. the tax could actually raise $500 billion in its first year alone according to the washington post. that is a wild number. it tells you both that a lot of things could be funded. it also reminds you of just how much money these super duper billionaires are sitting on. billionaires launch themselves into space. fine. they buy all kinds of fancy yachts. fine. some of their yachts have yachts. fine. the policy question isn't about beating up on them or hating their wealth, it's about whether their wealth has reached a point that it...

Prince, his motorcade ambushed by gunmen. getting away with a suitcase filled with more than $300,000 in cash. abc's reena ninan shows us how they pulled it off. >> reporter: notorious for their opulence, expensive cars, fancy yachts and palatial residences. the saudi prince is now targeted. the prince was driving in a convoy leaving a luxury hotel in paris. that's when a gang of thieves in two bmws, heavily armed, flashed their guns and forced the convoy to stop. they grabbed the car carrying all the money, taking more than $300,000 in cash as well as sensitive embassy documents. then driving...

Interviews. >> you have owned fancy yachts, fancy cars. >> yes. >> and underwater submersible. >> airplane. underwater airplane. >> i saw it. it's basically an airplane that flies under water. >> right. >> do you worry at all that you are divorced from reality? are you divorced from reality? >> i don't know if anybody can answer that. truthfully, i don't think so. >> wow. this is absurd talk. he is not alone. just last week, the ceo of aol cited two sick babies as the reason he needed to cut employees' 401(k)s. forget the fact that he makes $12 million a year. that didn't factor into his logic...