Tag Archives: innumeracy



You don’t have to be good at maths to be rich.  Here’s Godwinizer Tom Perkins on taxing the “1 percent” (from TPM):

“The fear is wealth tax, higher taxes, higher death taxes — just more taxes until there is no more 1%,” he said, as quoted by CNN Money. “And that that will creep down to the 5% and then the 10%.

In addition to failing to understand marginal tax rates and basic math, this also a slippery slope.  This is probably worse than his proposal that every dollar of tax paid ought to equal a vote:

“The Tom Perkins system is: You don’t get to vote unless you pay a dollar of taxes,” Perkins responded, as quoted by CNNMoney. “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?

It might be easier just to give people who pay no taxes less than an entire vote, say 3/5ths.