Quantcast
Connect with us

Billionaire Tom Perkins’s Voting Rights Act: pay ‘$1 million in taxes’ get ‘1 million votes’

Published

on

Billionaire tech mogul Tom Perkins, who recently came under fire for his letter in the Wall Street Journal  warning that the less wealthy might stage a Nazi Germany-style pogrom against the wealthy 1%, told a forum in San Francisco that the world could be saved by changing American voting laws: “If you pay $1 million in taxes, you get a million votes.”

ADVERTISEMENT

According to Mother Jones, Perkins recently sat down at San Francisco’s Commonwealth Club for a Q&A session with Fortune magazine’s Adam Lashinsky  entitled, “The War On The 1%.” When asked to offer one idea that could save the world, Perkins discussed changing American voting laws “You don’t get to vote unless you pay $1 in taxes… If you pay $1 million in taxes, you get a million votes.”

Following the forum, Perkins stated that he was simply “trying to be outrageous.”

During the wide ranging session, Perkins doubled down on his comparison of the imagined persecution of the wealthy to victims of the Holocaust, stating that he still believes that “the parallel holds”.

He added that “if Germany had American gun laws, there would have never been a Hitler.”

Among other subjects Perkins discussed were fellow billionaires the Koch brothers whom he described as victims of “persecution”, that he couldn’t get his start as a paper boy these days due to “child labor laws”, and that Silicon Valley is a meritocracy, “Race has absolutely nothing to do with it.”

ADVERTISEMENT

Perkins also told the audience that the “extreme progressivity” of the US tax code “is persecution” of the rich.

“Government is a giant beast which has to be fed,” he said, so it needs taxes to go “up, and up, and up.” When moderator Lashinsky attempted to point out that taxes helped fund the creation of the internet, Perkins cut him off: “You’re barking up the wrong tree.”

Returning to the recent protests against Bay Area tech workers who have driven up rents in  San Francisco’s housing market, Perkins described gentrification as “inevitable,” called for cutting food stamps, and condemned Lyndon B. Johnson’s War on Poverty for “unknowingly creating the destruction of lower-end families in America.”

ADVERTISEMENT

Midway through the forum, Perkin’s who recently told an interviewer that his Richard Mille watch is worth a six-pack of Rolexes”, was asked if he felt that he might have lost touch with the real world.

“Philosophically,” he said, “nobody can prove that they are connected to reality.”

ADVERTISEMENT

[Image via TechCrunch on FLICKR, Creative Commons licensed]


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

‘It’s only $4.99 per month’: Trump urges supporters to sign up for network that went to Ukraine with Giuliani

Published

on

President Donald Trump on Friday night urged his 67 million Twitter followers to pay for a monthly subscription to watch Facebook video from a far-right Fox News competitor.

Shortly after 10 p.m. eastern, the commander-in-chief retweeted a solicitation from the One America News network.

[caption id="attachment_1569174" align="aligncenter" width="800"] Screengrab of President Donald Trump's retweet of a One America News solicitation.[/caption]

Continue Reading

Breaking Banner

Maddow destroys ‘bad faith’ complaints about impeachment from Republican Trump supporters

Published

on

The host of "The Rachel Maddow Show" on Friday blasted "bad faith" arguments from Republicans about the impeachment inquiry into President Donald Trump.

Maddow recounted the process complaints by Republicans -- each of which has disappeared.

"After going through all of that, they now have unveiled a new objection as to why President Trump cannot actually be subject to this impeachment proceeding, a new noble stand they're taking for fairness and the American way -- they have rolled it out with our friends at the Fox News channel," Maddow said.

She played a clip of former GOP Speaker Newt Gingrich on Fox News.

Continue Reading
 

Breaking Banner

Everyone is baffled by Trump’s rambling rant about flushing toilets ’10 times, 15 times’

Published

on

Another day, another truly baffling series of words coming from President Donald Trump’s mouth.

Speaking at a White House meeting on Friday about small business and regulation, Trump went on one of his trademark riffs, touching on a number of subjects with the clarity of a muddy puddle. He seemed to be referring to a series of complaints that have been raised over the years about various consumer product regulations (a favorite topic of Republican Sen. Rand Paul of Kentucky) but without making a coherent point about any of them.

Read the whole stream of consciousness rant to get a sense of what it was like:

Continue Reading