![]() ![]() ![]() ![]() ![]() What a joke, to take money away from these deserving multimillionaires! Dell, the 39th richest person in the world, replied that he and his wife already give to charity: “I feel much more comfortable with our ability … to allocate those funds than I do giving them to the government.” Who needs the imprecise squall of democracy when a man worth $33bn can decide what the masses need? He went on: “I don’t think it will help the growth of the US economy. The very idea provoked speakers and audience to peals of laughter. Yet last month it was here in Switzerland, amid the sharp shooters and roadblocks, that a very revealing skirmish broke out.Īt a panel devoted to “making digital globalization inclusive” (for Davos is mainly a hollow-eyed human re-enactment of the drabbest Economist editorials), computer tycoon Michael Dell was asked what he thought about a 70% tax on earnings of more than $10m a year. It is where chief executives fly to in private jets to discuss the dire consequences of climate change, where hot-money speculators deliver homilies on responsible investing, and the world’s media receive every falling cliche with unctuous warmth. ![]()
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