“Many people are fine with taxing guys like you, on condition that it's not them,” Cavuto claimed.
Marcus had a blunt reaction.
“No, Neil, at this time, there aren't enough people just like me to fund it,” the billionaire replied. “Let's face it: if they had taken away all of the money I have, of all the cash of all the billionaires in America, and all the rich people, they still wouldn't have enough funds to pay for all the that they want to accomplish. It's unreal.”
“This is known as being unable to put one and one,” Marcus described. “They produce seven while all others pop up with a couple. I don't understand how they warrant whatever they go over.”
According to the billionaire, the mathematics doesn't mount up, especially when Medicare health insurance for All is factored in.
“Bernie Sanders is at the very least genuine about this and said, ‘Oh, we're gonna ought to tax everyone.' Well, this means middle-class America.
You have to pay it off,” he stated. “You believe you're about to obtain it for practically nothing. You have to pay for it. You should just in case he is convinced he's planning to tax every wealthy individual in America, yeah, go ahead and achieve it. And who's likely to make investment funds in work opportunities?
Who's likely to spend funds on developing new stuff and new treatments for everyone else? It's philanthropists. It's the prosperous individuals that do it.”
Marcus stated he's certainly not “justifying the capital,” but he's just genuine on how issues are actually.
The Home Depot co-founder is directly on the funds. Everyone seems to be rapid to state they need to tax the abundant and the prosperous for such things as Medicare health insurance for All, however they don't comprehend they too will encounter tax increases.
They believe they're immune from it, that only millionaires and billionaires will likely need to shell 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.