Why taxing billionaires won’t save America

Taxing billionaires to make up budget shortfalls is a popular idea — but maybe non-billionaires should think again? Megan McArdle is a Washington Post columnist, and she joins host Krys Boyd to discuss why the idea of a billionaire wealth tax is generating buzz around Capitol Hill, why she feels it’s a short-sided idea, and to explain just how much cash these policies would potentially generate. Her recent piece on the topic is “The myth of the billionaire wealth tax.”