3 ms·
I think I see now why you're being angry and confused. I'm not talking about Warren Buffet or Bill Gates. I'm talking about people like Marlene Engelhorn in Aus
by hnbad 4y ago
I think I see now why you're being angry and confused. I'm not talking about Warren Buffet or Bill Gates. I'm talking about people like Marlene Engelhorn in Austria, who literally toured TV shows making arguments that border on anti-capitalism. She's a millionaire heiress and advocates not just for a higher maximum income tax rate but also for reinstating the wealth tax and raising inheritance tax.
She's basically advocating for policies that would make it impossible (or extremely difficult) to become and remain as wealthy as she is, let alone a billionaire. And she's directly going against her own financial interests with this because no amount of creative accounting would shield her from all of it if it became actual policy.
For the record, I remembered her being a billionaire heiress but it seems I was off by a digit or two. So I apologize for incorrectly referring to one-percenters when I meant mostly her and other millionaires (afaik) who support her project called Taxmenow. She also criticized philanthropy.