Billionaire, venture capitalist Tom Perkins did not learn his lesson. This is the man that compared progressives to Nazis. According to CNN, Tom Perkins knew exactly what he was saying. He wanted to elicit the response and notoriety.
“The Tom Perkins system is: 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. How’s that?”
The audience at the Commonwealth Club reacted with laughter. But Perkins offered no immediate indication that he was joking. Asked offstage if the proposal was serious, Perkins said: “I intended to be outrageous, and it was.”
Perkins seemed to be aware that he was courting controversy, saying that his voting proposal would “make you more angry than my letter to the Wall Street Journal.”
That letter, published last month, compared the supposed assault on the wealthy to a wave of Nazi attacks on Jews ahead of the Holocaust.
Tom Perkins: Pay a million dollars in taxes? You should have a million votes.
Tom Perkins: The rich are being persecuted?
For some reason many of the wealthy have been speaking out about feeling persecuted. Are these people living in a different world? It is the working poor and the working middle class that has afforded them the lifestyle they have.
It is not true that they work more or harder than the average American. What is true that the American economic system is designed to favor those who have chosen certain professions. Those benefits are extended with favorable laws that give them an inordinate advantage. Why does a stock broker or banker make more than an engineer? The engineer makes things. The stock broker moves money.
The only ones that should feel persecuted are the working poor and working middle class. As billionaire Warren Buffet puts it, “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”
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That should be the 1%’s “Let them eat cake” death knell.