Topic: Wealth Cap

Wealth Cap comes up in 1 chapter across 1 episode of The Higherside Chats Free Show, in August 2018.

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Donald Jeffries | Survival Of The Richest, Huey Long, & Solution Suppression
• 40:23 - 43:25

Donald Jeffries | Survival Of The Richest, Huey Long, & Solution Suppression

Wealth Caps and the Share Our Wealth Plan

The discussion focuses on Huey Long's plan to cap personal fortunes at roughly $10 million (about $40 million today) and exempt the first million from taxation. Jeffries argues that this would target the extreme wealth held in foundations like those of Bill Gates or the Rothschilds rather than the average person's savings. He contends that such a plan is necessary to prevent the United States from becoming a "total third world country" due to extreme wealth disparity.