Title | For Dell's Billionaire CEO, Taxing the Ultra-Rich is a Joke | |
Date | Friday February 15 2019, @04:59PM | |
Author | takyon | |
Topic | ||
from the marginal-opinion dept. |
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.
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printed from SoylentNews, For Dell's Billionaire CEO, Taxing the Ultra-Rich is a Joke on 2024-05-08 20:16:26