Photo by Mufid Majnun on Unsplash

The “Billionaires Aren’t Liquid” Argument is BS

Billionaires are more liquid than you, me, or the Pacific Ocean, so, please, stop using this asinine argument.

Whenever the topic of taxing wealth is mentioned, someone will end up saying that we can’t tax billionaires’ wealth because “they are not liquid.” The reasoning goes that since billionaires’ wealth is…