Subject: Re: Biden's billionaire tax rate fact checked
“Money has no value until its purchasing potential is unlocked”.

Absurd. Money is both a store of value and a medium of exchange. If I am a billionaire and my underlying assets are appreciating at 15% per year, and I can get a loan on those assets at 5% a year, I could live like a king on nothing but debt. Zero income, zero taxes, and all the Net Jet miles borrowed money can buy.