How Long Could the Super-Rich Fund the Entitlement State?

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The average net worth of the 400 wealthiest Americans rose to a record $4.2 billion in 2012, according to the Fortune 400. (Seven in ten of the list’s members made their fortunes from scratch.)

Since liberals have been asking for the ’1 percenters’ to pay their ‘fair share’, what would happen if we just seized the assets of these super-rich elites to pay down the national debt? Considering the U.S. deficit is $4 billion a day and the national debt is growing, we better get started…

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