Grover Norquist: ‘If You’re Into Hate and Envy Go Ahead Do the Wealth Tax’

‘Why we need a wealth tax or some equivalent?’


NORQUIST: "If you want to, you reduce the capital gains tax. Every time we have reduced the capital gains tax rate, higher-income people have paid more in taxes and you had more growth and there have been more jobs for everybody. So if you’re into hate and envy, go ahead and do the wealth tax. There’s a rather selective discussion about where the wealth tax succeeded. 15 countries have put in the wealth tax, eleven got rid of them because they discovered how dysfunctional it was.”

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