Economic War Room Latest Episodes
A recent Politico poll showed 76 percent of registered voters want higher taxes on the rich. Progressives say higher taxes will only apply to the ultra-wealthy, but history shows they will eventually apply to the rest of us. Some politicians are looking to set up a system that will incentivize the wealthiest people in this country to actually leave the country. In 1990, there were twelve developed nations with wealth taxes, and because of the disastrous results, only four of those nations have retained their wealth taxes from 1990 to the present. Jeff Deist from the Mises Institute joins the Economic War Room to highlight the real consequences of a wealth tax.
Dec 19, 2019|28:45