Rep. Ro Khanna (D-CA) has an idea for promoting his pet wealth tax. To prosperous Californians who say their wealth is tied up in businesses that create value but don’t offer a lot of liquid cash to pay massive tax bills, the progressive politician responds that the government could loan them the money secured by pledges of corporate stock. That sparked a dispute with entrepreneur Mark Cuban who argues that it sounds more like a plan for creeping nationalization than for raising revenue. Read More