This is absolutely outrageous! The fact that this policy targets incomes of $100 million and above might make it seem more palatable and give it political leverage among voters who are drawn to handouts. However, while it is primarily aimed at the wealthy, the repercussions are likely to be much broader. The impact of such policies often trickles down, affecting individuals and families who are already struggling to own property or save effectively.

Currently, it’s increasingly difficult for people to purchase homes or accumulate assets. This policy seems to be yet another step towards encouraging a more socialist model, where individuals end up with little to no personal ownership and are left relying on the government for everything they need. In this scenario, the ideal of owning property or having personal assets becomes increasingly out of reach, further entrenching a system where people are essentially renting everything from the state rather than building their own wealth and independence.