"Name a country where that’s worked — ever." Michael Dell
When billionaire chief executive Davos panel about tech and global inequality burst into laughter before he could answer.
was asked on Wednesday if he’d support a proposal put forth by Rep. Alexandria Ocasio-Cortez (D-N.Y.) to tax millionaires at a 70 percent tax rate on income over $10 million, the audience for a
Dell, founder and head of Dell Technologies, first responded by saying he’s more comfortable allocating significant resources through his private foundation than in handing over that money to the government. But then he answered more directly.
"No, I am not supportive of that, and I don’t think it would help the growth of the U.S. economy,” he said in response to questions from The Washington Post.
When Dell was asked to explain why he thinks that, he said, “Name a country where that’s worked — ever.”