Replying to Avatar pup

I remember him talking about it, but do not remember the exact figure.

Per ChatGPT: "According to a 2019 analysis, confiscating all of the wealth from U.S. billionaires, which was around $5 trillion at the time, would fund the federal government for only about eight months. This would equate to covering only a small percentage of the total U.S. debt, which is over $33 trillion today."

This equates to 15% of the national debt, or 8 months of government spending.

Bear in mind, this isn't taxing them 100%, this is if we confiscated 100% of their wealth...

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Keysa - Simplest Bitcoin Edu 1y ago

Thanks yes that was the number!

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