Billionaires extract a vast amount from the economy and pay a tiny fraction of that back in. It’s not “creating value” to replace millions of middle class retail jobs across the country with tens or hundreds of thousands of largely poverty line jobs and parking the delta in shareholder investment accounts.

Without billionaires, money stays in the community where it circulates (workers and small business owners make money and they spend it). With billionaires it is extracted from the communities and hoarded in investment accounts a thousand miles away.