SoylentNews is people
SoylentNews
At the recent World Economic Forum in Davos, Switzerland, a panel moderator asked Michael Dell, America's 17th-richest man, what he thought about the idea of raising the top marginal tax rate to 70 percent.
This idea has been in the headlines since Rep. Alexandria Ocasio-Cortez floated it in a 60 Minutes interview on January 6 as a way to pay for a Green New Deal.
The Davos panel found the question hilarious. When the laughing died down, Dell, the founder and CEO of Dell Technologies, dismissed the idea out of hand, claiming it would harm U.S. economic growth.
This discussion has been archived.
No new comments can be posted.
For Dell's Billionaire CEO, Taxing the Ultra-Rich is a Joke
|
Log In/Create an Account
| Top
| 62 comments
| Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Grelb's Reminder:
Eighty percent of all people consider themselves to be above
average drivers.
(Score: 3, Informative) by canopic jug on Friday February 15 2019, @06:00PM (1 child)
A company who fails to do report correctly will find its assets frozen and men with guns and padlocks on their doorstep. And there are plenty of hungry agents looking to take down a big one to make their name.
What defines correctly at this point? They'll simply shrug their shoulders and remind inverstigator, accurately, that pretty much everyone does it that way. Heck even business schools are teaching MBAs to keep two sets of books, one for investors, one for the government. Go after those schools first or they'll keep churning out crooks.
Money is not free speech. Elections should not be auctions.
(Score: 0) by Anonymous Coward on Friday February 15 2019, @07:01PM
lets stick with the idea that laws are fairly enforced in actuality so that we can talk about "taxes on capital" vs "taxes on income". :)