Tom Perkins: “You pay a million dollars in taxes, you get a million votes. How’s that?”

It’d be just like a new Gilded Age!

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?”

The audience at the Commonwealth Club reacted with laughter. But Perkins offered no immediate indication that he was joking.

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2 thoughts on “Tom Perkins: “You pay a million dollars in taxes, you get a million votes. How’s that?”

  1. Thanks Zach, an important story.

    @KagroX Feb 15
    Tom Perkins has an $800K watch. Why not kill him & take it? Because the state will punish you. He wants to pay less for that protection.

    @KagroX Feb 15
    Perkins could, of course, muster his own army. But there’s no particular reason to think they wouldn’t kill him & take his stuff, too.

    @KagroX Jan 28
    RT @TheStalwart: Insane $880K watch Tom Perkins showed off on BloombergTV http://www.businessinsider.com/tom-perkins-watch-2014-1 … pic.twitter.com/fdto6Oj5A9 | Socialist hellhole

    ‏@KagroX 20h
    What do you think Tom Perkins would think about apportioning electoral votes by “maker/taker” status of states?

    @KagroX 20h
    What abt fuller accounting of subsidies vs taxes paid? If Perkins’ $ comes from subsidized businesses, that counts against his vote total?

    Would like to know if Perkins has any investments in the Carlyle Group http://www.carlyle.com/our-business/portfolio-of-investments/booz-allen-hamilton-inc which loots federal cash from its subsidiary, Booz Allen Hamilton http://www.huffingtonpost.com/2013/06/10/booz-allen-hamilton-revenue_n_3415451.html

    The Carlyle Group is mostly billionaires, Osama bin Laden’s relatives…., but they let in a few poor people, the Romney’s, the Bush’s…. Same goes for defense contractors and Wall Street banks, who lead the way in welfare. “Bank Of America Dumps $75 Trillion In Derivatives On U.S. Taxpayers With Federal Approval”

    http://seekingalpha.com/article/301260-bank-of-america-dumps-75-trillion-in-derivatives-on-u-s-taxpayers-with-federal-approval

    To put that in perspective, US GDP in 2012 was around $16.5 trillion. We blew a lot more than the $6 trillion, they’re claiming in Iraq and Afghanistan. Social Security’s Trust Fund is $2.3 trillion. Bank of America is just one Wall Street bank. They all have derivative exposure, but they won’t disclose how much. I’ve seen estimates of $700 trillion.

  2. Oh the ways and thoughts of the 1%! If the wage earners were pain a sustainable wage part of that “million” would be theirs, and their vote. As things stand now many wage earners are being sullpemented by government benefits, which in effect, are going into the back pockets of the 1%, at great expense to our society and our country. The 1% are TAKERS!

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