A warning about the 'billionaire tax' - from 200 years ago

The "billionaire tax" is a bad socialist idea that is already centuries old. In fact, the first warning about the tax came 200 years ago from a French traveler - Alexis de Tocqueville. Tocqueville was fascinated by the United States. He admired its energy and optimism, which he believed France, and Europe, had lost. The...