Socialist presidential candidate Bernie Sanders has proposed new programs that have been projected to add $17T to the debt. Sanders say the ultra wealthy will pay for it. The only problem? The math! The richest man in the world, Bill Gates, has a net worth of roughly $50B. There are an estimated 100 billionaires in the US. Even if they all had the same net worth as Gates - not even close to reality- and the government confiscated all their wealth, not just impose a 90% income tax, that would raise only $5T. And that would be a one time only shot. That's it!
So his first official act as president will have to be the establishment of the Ministry of Magic. He will tap Lucius Malfoy to run it. Liberals and their fantasies!
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