Article
First $1 Billion, Now $50 Million: Khanna Says Wealth Tax "Must Not Stop At Billionaires"
First $1 Billion, Now $50 Million: Khanna Says Wealth Tax "Must Not Stop At Billionaires"
Rep. Ro Khanna (D-CA) - fresh off endorsing California's November ballot measure to seize 5% of billionaire wealth - published a Substack essay Wednesday titled, no really, "Why I Support a Billionaire Wealth Tax."
He makes it roughly a dozen paragraphs before explaining that it isn't one.
"The tax should not stop at billionaires, it must reach centimillionaires," Khanna writes, before spelling out exactly what that means: every fortune of $50 million and up, hit with a...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Mar 20, 2026 / Tyler Durden
"I Think We've Won" Trump Says As Iran Refuses Hormuz Talks, Houthis Threaten Red Sea Strait
"I Think We've Won" Trump Says As Iran Refuses Hormuz Talks, Houthis Threaten Red Sea Strait
Summary
CBS reporting 'heavy preparations' for ground troops as Trump says 'no ceasefire' for now; Trump calls NATO a 'paper tiger'.
IRGC contradicts Bibi: says missile production is ongoing, is of "no concern" - even as IRGC spokesman Ali Mohammad Naeini is reported killed.
Energy war ongoing: Major sites damaged across the region - Haifa refinery hit, Qatar LNG output cut 17%, Kuwait facilities ablaze.
Kharg Island escalation looms: Trump admin weighing seizure of Kharg Island to reopen Hormuz;...
Read more
Jun 3, 2026 / Tyler Durden
Major Iranian Attack On Kuwait International Airport Leaves One Dead, 63 Injured
Major Iranian Attack On Kuwait International Airport Leaves One Dead, 63 Injured
Kuwait International Airport has come under Iranian missile and drone attack on Wednesday, in a significant strike that killed one person and left 63 people injured - according to the country's health ministry, with several of the victims being seriously wounded.
A passenger terminal was directly struck, damaging facilities including diplomatic missions at the airport, Kuwaiti authorities have said. Area hospitals conducted seven major emergency surgeries following the incident, underscoring that it was a mass casualty event.
via The Telegraph
Kuwaiti...
Read more
May 12, 2026 / Tyler Durden
Nelson Peltz's Trian Discussing Wendy's Go-Private Takeover
Nelson Peltz's Trian Discussing Wendy's Go-Private Takeover
Shares of Wendy's jumped in premarket trading after the Financial Times reported that Nelson Peltz's Trian Fund Management is considering taking the hamburger chain private and is seeking investors to back the deal.
FT noted:
Trian in recent weeks has held discussions with outside investors, including in the Middle East, about financing a potential takeover of Wendy's, according to people familiar with the matter.
Earlier this year, Trian stated in a regulatory filing that Wendy's is "currently undervalued," fueling speculation that Peltz would push for significant...
Read more




