Billionaire Foreigner Richard Branson Wants Higher Taxes for Americans – IOTW Report

Billionaire Foreigner Richard Branson Wants Higher Taxes for Americans

WFB: Sir Richard Branson, an English businessman and founder of the Virgin Group, said Americans should pay higher taxes, although he acknowledged he is not American during an appearance on MSNBC on Friday.

Branson appeared on MSNBC to discuss Virgin Galactic’s partnership with New Mexico to build the first-ever commercial spaceport. At the end of the interview, host Yasmin Vossoughian asked Branson about income inequality and the role people like him “should play with regards to income inequality.”

“We have a very important role. I think if anybody is fortunate to be successful, wealth, and sometimes extreme wealth, comes with it and there’s an enormous responsibility to redistribute that wealth by setting up, in our case, many, many different kinds of programs,” Branson said.

Branson added that the “extremely wealthy most likely should bear more of the burden than they currently do.”

“And do you agree with the likes of Warren Buffett and Bill Gates saying individuals like you should be paying higher taxes in this country?” Vossoughian asked.

“Yes, I mean, I’m not American, but I think the answer is yes. I think that, you know, the enormous tax breaks have benefited the very wealthy and that is wrong. And we don’t need them in the way that other people do,” Branson responded.

The nonpartisan Tax Policy Center found the average middle class family kept almost $1,000 due to the Tax Cuts and Jobs Act passed by Republicans. An article published by Fox Business earlier this year highlighted other benefits of the tax cuts:  more

33 Comments on Billionaire Foreigner Richard Branson Wants Higher Taxes for Americans

  1. I think Dick Branson should go fuck himself. Why does he think he has a right to lobby for other people to pay more taxes when he has no skin in the game?

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  2. Once again, the moronic “zero sum” game rears its ugly head….. The USA gives everybody (including muzzies and idiots) the same opportunity to utilize hard work and problem solving skills in order to succeed…. too lazy or incompetent? tough shiite!
    “Speaking the truth in times of universal deceit is a revolutionary act.” Geo. Orwell
    Oh! and fook this porridge fart!

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  3. the enormous tax breaks have benefited the very wealthy and that is wrong

    He’s advocating to do away with the tax system entirely.

    This statement parroted by morons everywhere is of the utmost stupidity.

    You can’t have a fucking tax break without making the Benjamins first, you simple minded fools. It’s called a progressive tax system and that’s the inherent nature of how it works.

    Tax breaks benefit low income workers the MOST out of anyone already. It’s called the standard deduction.

    Wealthy go beyond the standard deduction, the government takes 50% (HALF) and then itemization kicks in for the things they have spent money on. Things they spend money on benefits the economy, grows tax revenue, and allows for things like the standard deduction!!! DING DING DING

    FFS.

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  4. My God, I paid ~ $50K in taxes last year, all taxes considered- property, sales, fed taxes, etc.. $2000/month, just in TAXES. And I’m just a middle class sap in a basic starter home, basically. That’s not enough yet??

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  5. “Lord” British has always been a semi-socialist who made tons of money first on computer (Ultima and Ultima Underworld series) games (and wrote himself into them) and then thought he was somebody.

    He’s still a light-in-the-loafers bad teethed pansy from English fantasy land who always had money to pay others to code for him.

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  6. He needs to spend more time with obama’s on his island. And lick their taint. The days of Bo are over it is now Trump time. Deal with it limey.

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  7. I wonder what kind of tax break/deal New Mexico made with him to build the new “Spaceport”? There’s going to be one or two flights, some spectacular crash and Bransom will head back across the Atlantic with his very, very fat wallet intact. Unless of course, his official residence is not in England but in some place like Belgium where he can set up and pay very little tax.

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  8. Oh, you mean the crooked deal in New Mexico that costs one of the poorest states in the union HUNDREDS of MILLION$$$ to build your wet dream and has never been used for its intended purpose?

    In the vernacular of your home country, “Bugger off you gobby, gormless ponce!”

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  9. These filthy rich assholes can write a check to the Treasury Department any time they want. The government will be happy to take their money. But I’ll bet they hire the best accountants and lawyers to pay as little as possible. Only President Trump is honest on this point.

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  10. “… anybody is fortunate to be successful …”

    Being “successful” is usually the result of work, sweat, and some “fortune” (luck).
    Being fabulously wealthy may, in fact, be due entirely to “fortune” (luck) but some would differ. Edison worked his ass off. Ford developed new manufacturing systems. Gates bullied and stole, but even then, he had to know who to bully and what to steal. Not much real innovation going on, but that doesn’t make “success” just a question of luck (fortune).
    Work and prudence can offer success – though not (rarely) fabulous wealth.
    A lot of fabulous wealth comes (now) through gov’t (taxpayer) largess (extortion by politicians) – which is what Branson is, apparently, thinking.

    izlamo delenda est …

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  11. Nothing like pretending to be altruistic with other people’s money! Perhaps you should go after the Queen’s Jewels and properties. Meanwhile, get a haircut and keep your nose out of our business!

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