Wealth Tax Is A Bad Idea But There Is An Alternative!

If you hate billionaires, you’d probably hate the title of this post. But I hope you read the whole post. Because Wealth Tax is a highly misunderstood idea in America and with the rise of corporate power, it has even become an emotional issue with the voters. “These corporations avoid taxes, so let’s punish their owners” is a popular sentiment on the left. The problem with that logic is that the underlying assumption is that corporations are working against the people. And that’s not true. Corporations are working for themselves and it just so happens that their…