“Lots of people are fine with taxing guys like you, on condition that it’s not them,” Cavuto reported.
Marcus had a blunt reply.
“No, Neil, generally, there aren’t enough people as I am to cover it,” the billionaire replied. “Let’s face it: if they had taken away all the money I have, of all the cash of all the billionaires in America, and all the prosperous people, these people still wouldn’t have enough funds to pay for all the that they want to perform. It’s madness.”
“This is known as the inability to put one and one,” Marcus defined. “They produce seven while other people arise with 2. I don’t understand how they rationalize whatever they discuss.”
According to the billionaire, the math doesn’t accumulate, especially when Medicare insurance for All is factored in.
“Bernie Sanders is at the very least truthful about this and said, ‘Oh, we’re going to ought to tax all people.’ Well, meaning middle-class America.
You have to pay for it,” he was quoted saying. “You might think you’re going to have it for absolutely nothing. You must pay for it. Go on, and in case he believes he intends to tax every abundant individual in America, yeah, proceed to achieve it. And who’s likely to devote funds to work?
Who’s intending to spend funds on developing new stuff and new therapy for everyone else? It’s the philanthropists, and it’s the well-off individuals that do it.”
Marcus explained he’s definitely not “justifying the money,” but he’s just sincere about how precisely factors are really.
The Home Depot co-founder is directly on the cash. Many people are swift to convey they will tax the wealthy and the prosperous for such things as Medicare health insurance for all, yet they don’t recognize they too will encounter tax increases.
Believing they’re immune from it, that only millionaires and billionaires need to fork out. But the very people who make these demands are usually A) employed by the wealthy and B) think they shouldn’t have to contribute themselves. It’s total hypocrisy.