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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTom Perkins' big idea: The rich should get more votes
Tom Perkins suggested Thursday that only taxpayers should have the right to vote -- and that wealthy Americans who pay more in taxes should get more votes.
The venture capitalist offered the unorthodox proposal when asked to name one idea that would "change the world" at a speaking engagement in San Francisco moderated by Fortune's Adam Lashinsky.
"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?"
http://money.cnn.com/2014/02/14/investing/tom-perkins-vote/index.html?hpt=hp_t2
alp227
(32,018 posts)CITIZENS UNITED.
Great toon too.
Live and Learn
(12,769 posts)for a long time, CU just means it will continue unabated.
A-Schwarzenegger
(15,596 posts)LuvNewcastle
(16,844 posts)3/5 of the total of all their employees. I guess we're about to find out if Sean Hannity reads DU.
SamKnause
(13,091 posts)If you are worth more than a million dollars you do not get to vote, or participate in the political arena at all.(No ads or PACs)
This includes corporations.
It does not include unions; one exception The Fraternal Order of Police.
Demeter
(85,373 posts)But wealth would be driven even more underground to get the right to franchise.
Better to just stick with one person/one vote. It's simple enough to explain to an idiot...like Perkins.
roguevalley
(40,656 posts)renate
(13,776 posts)I guess he just came out and said what the plutocrats are all thinking.
It's amazing that these people feel comfortable saying this stuff out loud. They probably know we can hear them, but they just don't care. (And, to be fair--ever since Citizens United, why should they care?)
blkmusclmachine
(16,149 posts)TexasTowelie
(112,128 posts)Why don't we have the IRS confiscate every penny from this asshole (and those like him) and let them learn what life is like when they doesn't have the privileges associated with wealth? If Perkins is willing to go along with this idea, then we can discuss how many votes he will get, but not without presenting him another tax bill to be paid in full before he gets to vote.
I doubt that Perkins deserves any votes to begin with since he probably hid his assets to avoid any tax liability.
eShirl
(18,490 posts)socialist_n_TN
(11,481 posts)But that's all right. We've all known they THINK like this, but most of them are not so stupid to actually say it out right. But we can't really blame them too much. The entire system is set up to encourage this type of mentality.
Capitalism is, at it's core, incompatible with democracy.
bravenak
(34,648 posts)I go first.
Brigid
(17,621 posts)Alexander Hamilton called. He wants you to quit stealing his ideas.
Sancho
(9,067 posts)so that Perkins has the same vote as the rest of us....
The Wizard
(12,541 posts)You must pay for the amount of government you want to own.
Anyone thinking government should be run like a business should think about the 2008 economic meltdown caused by unfettered free market wholesale looting of the economy by Wall Street shysters.
dickthegrouch
(3,172 posts)I love this
Wizard, you're a genius.
erpowers
(9,350 posts)After reading the story about Tom Perkins' latest quote, I think he is an old man in need of attention. When asked about his comment, he said he was trying to be outrageous and that the comment would make people more angry than his Nazi comment. His comments are about getting his name in the news. He realizes that if he makes extremely obnoxious comments he will get a great deal of attention.