Fox Business anchor says a wealth tax “sounds like confiscation” 

From the June 25 edition of Fox Business' Mornings with Maria Bartiromo

Video file

KEVIN KELLY (MANAGING PARTNER, BENCHMARK INVESTMENTS): I think this is more talking the talk than walking the walk. There is nothing precluding these billionaires from giving more money to the Treasury, this is just virtual signaling at its finest, and so I don't think it's going to go anywhere. They could've led by example but they didn't. 

DEIRDRE BOLTON (FOX BUSINESS HOST): Yeah, we saw Abigail Disney's name up there, right. And when you look at just Bob Iger's tenure as CEO, I mean he has created so much value for Disney shareholders, for Disney employees by the way, who are in part paid by stock offerings, so I'll see how this falls but with the progressive, very progressive left having a bigger and bigger voice, this may become really a hot topic

MARIA BARTIROMO (ANCHOR): Look, this is important point that you make in terms of Abigail Disney and Iger and the wealth that he's created. I mean, to me, this sounds like confiscation. You work your whole life to create wealth, to make money, and then you get to a point where you get into this 1% list, and you're asking for a wealth tax just on the wealth that you create? That's confiscation.

Related:

CNN: Abigail Disney and George Soros say: Tax the wealthy more

Previously

Fox melts down after polls show vast majority favor taxing the rich more

Fox Business panel panics over Democratic proposals to tax the wealthy: “That is communist”

Fox's Ed Henry links Elizabeth Warren's proposed wealth tax to ongoing popular revolt against Venezuelan regime