When billionaires have less free cash, they have less money to spend on far-right political parties, anti-democracy media outlets like Fox News, and on buying decisions from publicly corrupt Supreme Court Justices.
They'd also have less money to spend on buying genocides, civil rights rollbacks, and voter suppression.
https://www.theguardian.com/us-news/2024/apr/24/jeff-yass-anti-muslim-pro-israel-donations
https://www.rollingstone.com/politics/politics-features/tiktok-billionaire-yass-gop-donor-abortion-1234859270/
https://washingtonspectator.org/hard-right-billionaires-spending-lavishly-to-reshape-courts/