that was sold to charlie ergen's dish.ot have the network yet built out. it still has to use t-mobile's network. that network is a 3g network, okay in now, here's where everything gets interested. according to charlie ergen, t-mobile was supposed to keep that 3g network for three years. according to, the noble, nah -- t-mobile, we are upgrading to 5g because that's what the government wants. according to charlie ergen, if you're throwing people off their 3g network as soon as the, at the end of this year, which is pretty soon, those people are going to have to upgrade their devices. they're poor people. they might not be able to afford it, and now ergen is making his plea not just to us. we heard it through the grapevine, we were talking about it, he has now written officially to the fcc on this. the biden fcc, we should point out, is much more free market -- is different than the trump fcc. from what we you said, the fcc is now engaging, and they may put pressure on t-mobile. this is what we're hearing, may, at some point

some argue an animal -- annual wealth tax is a modest house that would place a significant ergen. for example the annual wealth tax even at a low rates a 2% would reduce the actual return by 67% in other words he do be equivalent to a 67% income. as was mentioned this would have an impact on the broader economy reducing the after-tax return on savings would reduce the stock of national savings leading to a smaller capitol tax lower wages for earners and due to the u.s. economy would result in foreign capitol from abroad increase in the trade deficit in the short term and reduction in national income. in addition the revenue potential of the wealth tax is somewhat uncertain and often overstated. for example there's little agreement over how much wealth at the very top bird research has estimated the share of wealth held to the top one 10th of 1% can be anywhere from 10% at all well for 20% of all wealth. and one thing the concerts me about the wealth taxes at risk not raising any revenue whatsoever and this is because the wealth tax if enacted would face a constitutional challenge.