Calls to “Abolish Billionaires” Are a Moral Travesty by Keith Lockitch

There’s a new campaign slogan among Democratic politicians: “Abolish Billionaires.” Nobody can honestly deserve a billion dollars, they claim, so they want to impose radical new taxes on the super-wealthy. Indeed, people are arguing that the very existence of billionaires is some kind of moral outrage. Wealthy people are being blamed today for all the…