… At what point is it theft? If Sanders found one trillionaire and passed a bill to “tax” him of everything he has and used the money to finance 17 new Boston Style Big Dig projects, would it be theft? Yes, the public would see it as theft. What about taxing two people each worth $500B and taking everything? Would that be theft as well? Yes, and actually worse because theft is a violation against person, not inanimate objects. Theft against 2 is worse than theft against 1 even if the values are equal.
And so on to 3 confiscations of $333.3 million. What about 4 of $250M? 5 of $200M? Are we getting better or worse here?
Worse.
Excerpted from The Jewish Libertarian, here.