Thursday, May 21, 2026

Myth of the Deserving Billionaire

The Myth of the Deserving Billionaire
https://www.project-syndicate.org/commentary/opposition-to-wealth-taxes-rests-on-a-flawed-assumption-by-teresa-ghilarducci-2026-05
While 55% of Americans say their financial situation is deteriorating, the wealth of the top 1% is reaching record highs. Against this backdrop, defending billionaires from “oppressive” taxation is politically convenient nonsense.