Tom Perkins: You Should Get 1 Vote for Every Dollar You Pay in Taxes

Friday, 14 Feb 2014 11:39 AM

By Lisa Barron

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
If you pay $1 million in taxes, you should get a million votes, billionaire venture capitalist Tom Perkins said.

When asked at a speaking engagement in San Francisco on Thursday to name one idea that would save the world, the co-founder of Kleiner Perkins Caufield & Byers, responded, "The Tom Perkins system is ‘You don’t get to vote unless you pay a dollar of taxes.’ But what I really think is it should be a like a corporation, you pay a million dollars in taxes you should get a million votes. How’s that?"

Story continues below the video.



Asked offstage at the Commonwealth Club whether he was serious, Perkins said, "I intended to be outrageous, and it was," reports CNN Money.

He went on to say that his voting proposal would "make you more angry than my letter to the Wall Street Journal."

In January, Perkins wrote a letter published in the Wall Street Journal to "call attention to the parallels of fascist Nazi Germany to its war on its 'one percent,' namely its Jews, to the progressive war on the American one percent, namely the 'rich.'"

The letter caused a public outcry and Perkins later apologized for his words but not the overall message.

He repeated his view on Thursday that there is a trend towards persecution of the rich in America and that it has grown under President Barack Obama, whom he reportedly called an "amateur."

One example, Perkins said, is taxation. "The fear is wealth tax, higher taxes, higher death taxes—just more taxes until there is no more 1 percent. And that will creep down to the 5 percent and then the 10 percent," he said.
 
Related Stories:


© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Charlie Rangel: GOP Believes 'Slavery Isn't Over'

Thursday, 30 Oct 2014 23:09 PM

Rep. Charlie Rangel on Thursday likened Republicans to Confederates from the Civil War era, charging that they "believe  . . .

New York Archdiocese to Reorganize, Merge Parishes

Thursday, 30 Oct 2014 22:51 PM

The Roman Catholic Archdiocese of New York will merge more than 50 parishes because of lower attendance and rising expen . . .

Michelle Bachmann: World Sees US Has No Plan to Fight Terrorism

Thursday, 30 Oct 2014 21:56 PM

The world has no confidence in U.S. leadership because they don't know what our plans to fight terrorism are, Rep. Miche . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved