Claim: "The 550 U.S. billionaires together are worth $2.5 trillion. If we confiscated 100% of their wealth, we'd raise enough to run the federal government for less than eight months."
Fact-check: Billionaires' wealth would run the US gov't about 8 months
Verdict: mostly-true
Organisation: PolitiFact
Author: Tom Kertscher
Date published: 2021-11-02T00:00:00