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Friday, October 30, 2026Oct 30, 202611:43 PM PDT·Pacific Edition

NewsverceNewsverce

Eternal Vigilance: The Price of Liberty

Topics/US billionaire wealth

US billionaire wealth

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Politics🇺🇸

The Assault on American Titans: How Demonizing Billionaires Undermines Free Enterprise and Prosperity

Politicians vow to tax billionaires into oblivion amid America's tech-driven boom, but data from the Bureau of Labor Statistics shows billionaire-founded firms employ millions and contribute 15% to GDP. This rhetoric echoes China's tycoon crackdowns that erased $1.5 trillion in market value. As a Greater China correspondent, I see parallels that threaten U.S. innovation and property rights.

Wei ZhangMay 13, 11:18 PM PDT·9 min read

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Eternal Vigilance: The Price of Liberty

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Aggregated from third-party reporting and drafted by AI. AI and its source material can both be inaccurate — double-check the facts before relying on them.

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