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Millionaire explains why he supports Democrats' wealth tax



Patriotic Millionaires chairman Morris Pearl joins FOX Business to talk about 2020 Democrats’ wealth tax plans and what a fair tax plan would look like according to him.

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46 comments

  1. Why is it newsworthy that one millionaire out of sixteen million in the US doesn't mind paying higher taxes? He's not even especially articulate.

  2. BULLSHITER … he finds way to Not Pay taxes

  3. This Mr. Pear must be one who suck on Soros to get in power, hipocrit

  4. In ideal world bilioners should pay more taxes than poor people. But the reality is it already happened, when bilioners already moved to China.

  5. Yes Biden is guilty. He's what you should focus on. Like I said I would absolutely release my tax returns but BIDEN IS STOPPING ME FROM SHOWING YOU THE TRUTH! We MUST STOP BIDEN. MAGA MAGA MAGA!

  6. We shouldn't pay more than 10% of what we pay. Government is incredibly bloated.

  7. Personal property tax should be abolished… If you've bought and paid for it, you shouldn't have to keep paying for it just because you have it.

  8. Morris is grand-gesturing. Morris most probably has hidden agenda.

  9. Wow, Fox Business lost the argument even though the bloke was outnumbered.

  10. What about what the government does with the taxes: war and interest to the FED.

  11. people in the comments getting angry because a millionaire says a millionaire tax is a good idea. That is crazy to me.

  12. And the loopholes for the wealthy goes on……

  13. EVEN IF you CONFISCATE ALL THEIR WEALTH there ARE NOT ENOUGH OF THEM!! to even MAKE A DENT in the deficit!! It will just GIVE THE DIMOCREEPS A NEW TOOL to CONFISCATE THE WEALTH of the MIDDLE CLASS!! DON'T!!

  14. Cuz he invested too much in sanders and he doesn’t want to lose that

  15. There is nothing preventing this guy from giving his money RIGHT NOW, so he should lead by example and write a check right now in front of everyone.

  16. I will tell you why he does because none of them pay taxes idiot's

  17. If I had to guess, I would say that Morris has to pay a lot of $$$ to get laid.

  18. You fuckingasshole… dumass…

  19. All democrats are terrorists.
    They are worse than ISIS.
    BRING HOME THE TROOPS AND STOP THESE MONSTERS.
    OR THE DEPLORABLE ARMY MUST RISE UP AND SAVE THE REPUBLIC.

  20. Deep State guest no doubt.

  21. Nothing stopping you from paying more now… Why saddle everybody with your failed Ideology..That ends up hurting everybody else….
    By the way. Poor people don't pay taxes. They get a refund…

  22. Never government workers will fill there pockets and we won’t fix anything. Too much corruption not enough jail time or worse.

  23. He and the boards of director donate cash to campaigns in an exchange of money for power. There is no virtue here by either the boards of directors, or the politicians, only bribery. The rich also want to appear virtuous, which is merely PR. The NBA screams about SC bathrooms and sides with XI concerning Hong Kong.

  24. He doesn't have an understanding of the subject. He maybe rich but its argumentation seems like a dumb one…sometimes some rich are just stupid

  25. If they raise my taxes, I'm moving to Vietnam and invest in that country.

  26. I like Trumps tax plan. Lower taxes on everybody and allow more job creation. Then people will leave their low paying jobs for better ones get paid more and pay more in taxes. Then the low paying jobs they left will have to be filled by people with no jobs. Then the people who had no jobs will be paying taxes too. It's plus and minus not some College economics theory.

  27. Maybe that jerk wants to pay those high taxes, but everybody else will take thier money and investments somewhere else and that will be the demise of this great economy

  28. What’s fair is not taking my money to give to someone else. No thanks I will manage my own money and when I fail it’s on me

  29. Please tell the millionaires and billionaires to just write a check out to the government to pay down the debt. Give me a break from this pathetic argument on why they won’t / don’t.

  30. I’ve got an idea. What about a wealth tax on all members of the patriotic millionaires club?

    That way they can be forced into patriotism as this man so desires.

  31. This fellow only wants to pay the taxes he proclaims as "Fair", under threat of the IRS swat Team showing up at his back door. And the Front door. We believe that makes him a real Patriot. And destructive provocateur.

  32. Must be tough being in your class.

  33. Let us see how he feels when the taxes are coming out of his pocket, idiot. I'd like to see his taxes.

  34. Their parents pay tax on if they inherited it

  35. Yeah come on, the tax Bill must go down now that Hunter Biden is not taking millions or billions anymore

  36. he says that for an advertisement, in solidarity with demrats!

  37. The only very wealthy i have a problem with are politicians who began poor and end up rich

  38. Because he has made a deal Like Bill Gates they donates to both parties to ensure he is exempt …. FCK the DNC

  39. Trump already addressed this by doubling the standard deduction.

  40. Throw away your money. You have plenty. Lol

  41. What a dummy. Right on, you can pay more taxes. Hypocritical.

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