Asked for an idea that could “change theworld,” billionaire venture capitalist Tom Perkins told an audience that Americans shouldn’t be able to vote unless they pay taxes and that the wealthy should have more votes.
“ You don’t get to vote unless you pay a dollar of taxes,” Perkins said. “But what I really think is, it should be like a corporation. You pay a million dollars in taxes, you get a million votes.”
CNN Money notes that the billionaire did not indicate that he was joking.
“ You don’t get to vote unless you pay a dollar of taxes,” Perkins said. “But what I really think is, it should be like a corporation. You pay a million dollars in taxes, you get a million votes.”
CNN Money notes that the billionaire did not indicate that he was joking.
Pressed for examples of how the rich were being demonized, Perkins said that he feared higher taxes. "The fear is wealth tax, higher taxes, higher death taxes -- just more taxes until there is no more 1%. And that that will creep down to the 5% and then the 10%," he said
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