Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

highplainsdem

(49,006 posts)
Fri Feb 14, 2014, 01:45 PM Feb 2014

Tom Perkins' big idea: The rich should get more votes

Source: CNN

Tom Perkins suggested Thursday that only taxpayers should have the right to vote -- and that wealthy Americans who pay more in taxes should get more votes.

The venture capitalist offered the unorthodox proposal when asked to name one idea that would "change the world" at a speaking engagement in San Francisco moderated by Fortune's Adam Lashinsky.

"The Tom Perkins system is: You don't get to vote unless you pay a dollar of taxes," Perkins said.

"But what I really think is, it should be like a corporation. You pay a million dollars in taxes, you get a million votes. How's that?"

-snip-

Read more: http://money.cnn.com/2014/02/14/investing/tom-perkins-vote/index.html



Editing to add a link to the GD topic I posted last night after Mother Jones' Josh Harkinson live-tweeted the talk. See a reply there for the link to video of the entire talk.

http://www.democraticunderground.com/10024497533
41 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Tom Perkins' big idea: The rich should get more votes (Original Post) highplainsdem Feb 2014 OP
Well, at least he didn't mention Kristallnacht this time KamaAina Feb 2014 #1
Does that mean your taxes will be public information then EC Feb 2014 #2
Hmm cvoogt Feb 2014 #3
It was just a matter of time KansDem Feb 2014 #4
This might get some wealthy people to pay taxes Renew Deal Feb 2014 #5
He has apologized for the Kristalnacht analogy, but did not distance himself... Nika Feb 2014 #6
He is going senile cosmicone Feb 2014 #7
Sympathy for the devil hibbing Feb 2014 #8
Well, now that you've seen the emperor's new clothes... albino65 Feb 2014 #9
It would be easier to make the richest person dictator. Coyotl Feb 2014 #10
Our country has already started down this path with Citizens United. Kelselsius Feb 2014 #11
I have been hearing this argument from the right lately apnu Feb 2014 #14
Interesting, so if an alien (legal or otherwise) buys some pants, pays over a $1 in taxes they vote? apnu Feb 2014 #12
I'm certainly no economist but it seems cheaper justhanginon Feb 2014 #13
The rich already own Congress. And fuck you Tom Perkins. Auggie Feb 2014 #15
Fanned! Rider3 Feb 2014 #16
Well the vote is bought everyday heaven05 Feb 2014 #17
Feel free to renounce your US citizenship, Mr. Perkins, and closeupready Feb 2014 #18
Citizen's United and the billh58 Feb 2014 #19
How many votes does a veteran who gave both legs fighting for his country get? otis252 Feb 2014 #20
My big idea: Bring back tarring and feathering. Salviati Feb 2014 #21
First step... Dopers_Greed Feb 2014 #22
What happens when the They_Live Feb 2014 #23
My idea: Guillotines are nice Tom Ripley Feb 2014 #24
Slow but thorough. aquart Feb 2014 #27
his money gets him a place in front. pansypoo53219 Feb 2014 #28
I was thinking just toss him over the GG bridge... fujiyama Feb 2014 #32
This remains me of the old voting rules in Northern Ireland happyslug Feb 2014 #25
It would be so great,if sadoldgirl Feb 2014 #26
Boy, they are running out of ideas, aren't they? ReRe Feb 2014 #29
Why is the media giving so much coverage to this idea? Dopers_Greed Feb 2014 #30
It may be . . . Brigid Feb 2014 #41
Talk like that is a test, the elite puppet masters are testing the American Voters Herself Feb 2014 #31
Standard Christian Dominionism* blkmusclmachine Feb 2014 #33
Well, now we know now what his gang would bring to a Constitutional Convention struggle4progress Feb 2014 #34
Money is everything rlegro Feb 2014 #35
Just a logical extension of Citizens United. Thor_MN Feb 2014 #36
On a certain level, Chief Justice Roberts probably agrees,,, TomCADem Feb 2014 #37
Sick, isn't it? Thor_MN Feb 2014 #38
Perkins does realize . . . Brigid Feb 2014 #39
He sounds anti-American and doesn't really mackerel Feb 2014 #40

EC

(12,287 posts)
2. Does that mean your taxes will be public information then
Fri Feb 14, 2014, 01:53 PM
Feb 2014

as verification that you are indeed even paying taxes? I'd wager you don't pay taxes.

cvoogt

(949 posts)
3. Hmm
Fri Feb 14, 2014, 01:54 PM
Feb 2014

I think he is taking 'voting with your dollars' a smidge too literally. What an unoriginal thought. We as a country have tried this, with poll taxes, allowing only land owners to vote, etc. Does he really think we should go back to that time? It's an un-American, anti-democratic notion.

KansDem

(28,498 posts)
4. It was just a matter of time
Fri Feb 14, 2014, 01:56 PM
Feb 2014

I wondered when our W-2 forms would become our voter I.D.s

But let's not stop here! How about Tom and the rest of the One-Percenters being the first to go to war! After all, those who "have more" have more to lose.

In fact, send the f*cking corporations to the next global "hot spot." And I don't mean merely to sell arms and exploit people and resources.

Nika

(546 posts)
6. He has apologized for the Kristalnacht analogy, but did not distance himself...
Fri Feb 14, 2014, 02:02 PM
Feb 2014

... from the point he was trying to make

his quote on that was; 'Kristallnacht was unthinkable in 1930, Is its descendent 'progressive' radicalism unthinkable now?'

He is a perfect example why people like him don't pay enough in taxes period.

 

cosmicone

(11,014 posts)
7. He is going senile
Fri Feb 14, 2014, 02:09 PM
Feb 2014

sad to see this happen to a genius who made a lot of technology companies possible and changed lives.

He is going to be tarred and feathered.

 

albino65

(484 posts)
9. Well, now that you've seen the emperor's new clothes...
Fri Feb 14, 2014, 02:11 PM
Feb 2014

How do you like it? I can't wait for the townfolk to pick up their torches and pickaxes, storm the castle and pull Dr. Frankenstein from his sleep chamber.

Kelselsius

(50 posts)
11. Our country has already started down this path with Citizens United.
Fri Feb 14, 2014, 02:17 PM
Feb 2014

It's only a matter of time before only the wealthy can vote. But I suspect the next step is passing a law so only property owners can vote. Like the ancient Roman Republic.
But they must fully own their property.
Weeding out all of the renters and people who still have mortgages to pay will eliminated a high percentage of our voting population.

apnu

(8,758 posts)
14. I have been hearing this argument from the right lately
Fri Feb 14, 2014, 02:20 PM
Feb 2014

They seem to think that owning a house should entitle them to full citizenship and everybody else can get bent.

apnu

(8,758 posts)
12. Interesting, so if an alien (legal or otherwise) buys some pants, pays over a $1 in taxes they vote?
Fri Feb 14, 2014, 02:18 PM
Feb 2014

The guy isn't that smart is he?

justhanginon

(3,290 posts)
13. I'm certainly no economist but it seems cheaper
Fri Feb 14, 2014, 02:19 PM
Feb 2014

the way it works now where they only have to purchase the house and senate. I understand some reps go really cheap, senators are a little more!

 

heaven05

(18,124 posts)
17. Well the vote is bought everyday
Fri Feb 14, 2014, 02:45 PM
Feb 2014

in the Senate and Congress, what's the big deal. Go ahead, give the rich some more, too much is never enough for the rich american RW capitalist. Perkins is off his fucking rocker. I pay more taxes than some rich people and then some.

billh58

(6,635 posts)
19. Citizen's United and the
Fri Feb 14, 2014, 03:09 PM
Feb 2014

Koch Brothers have already bought millions of proxy votes for the right-wing in this country. Perkins is late to the game...

otis252

(4 posts)
20. How many votes does a veteran who gave both legs fighting for his country get?
Fri Feb 14, 2014, 03:22 PM
Feb 2014

How many votes should the mother who lost her son in the service of his country get? Better yet, why don't we take away the vote of the gutless and give our police and firemen extra votes?

They_Live

(3,236 posts)
23. What happens when the
Fri Feb 14, 2014, 05:11 PM
Feb 2014

corporation doesn't pay any tax and is subsidized by the Tax Payers? Do we get stock options?

 

happyslug

(14,779 posts)
25. This remains me of the old voting rules in Northern Ireland
Fri Feb 14, 2014, 05:30 PM
Feb 2014
Before the Electoral Act of 1968-9, local government elections in Northern Ireland allowed owners of businesses to cast more than one vote. Tim Pat Coogan wrote on this subject:

Limited companies and occupiers of premises with a rateable valuation of £10 could appoint nominees - as could companies for each £10 of their valuations - under a system of plural voting, which even allowed such votes to be case in another constituency...[2]

http://en.wikipedia.org/wiki/Plural_voting


http://www.pbs.org/wgbh/pages/frontline/shows/ira/conflict/civil.html

The City of London (Which is the old City Center where the big banks are located NOT what most people call the City of London, which under English law is referred to as "Greater London".

City of London (The Corporation)
http://en.wikipedia.org/wiki/City_of_London_Corporation#Elections

Greater London Authority (The Actual modern City of London):
http://en.wikipedia.org/wiki/Greater_London_Authority

The City of London permits Piural voting, corporation voting etc":

Eligible voters[12] must be at least 18 years old and a citizen of the United Kingdom, a European Union country, or a Commonwealth country, and either:
A resident

A sole trader or a partner in an unlimited partnership or

An appointee of a qualifying body.

Each body or organisation, whether unincorporated or incorporated, whose premises are within the City of London may appoint a number of voters based on the number of workers it employs. Limited liability partnerships fall into this category.

Bodies employing fewer than ten workers may appoint one voter, those employing ten to fifty workers may appoint one voter for every five; those employing more than fifty workers may appoint ten voters and one additional voter for every fifty workers beyond the first fifty.
Though workers count as part of a workforce regardless of nationality, only certain individuals may be appointed as voters. Under section 5 of the City of London (Ward Elections) Act 2002, the following are eligible to be appointed as voters (the qualifying date is 1 September of the year of the election);

Those who have worked for the body for the past year at premises in the City

Those who have served on the body's board of directors for the past year at premises in the City

Those who have worked in the City for the body for an aggregate total of five years

Those who have worked mainly in the City for a total of ten years and still do so or have done within the last 5 years.[13]

Voters appointed by businesses do not forfeit the right to vote for the local Council of their home residence (so long as it is outside the City). Therefore - uniquely in the U.K. - these voters are able to vote in two separate local elections. Firstly in 'the City' as appointed voter for their employers, or fellow employees and again for the local Council where their home address is situated.

http://en.wikipedia.org/wiki/City_of_London_Corporation#Voters


Thus the City of London has more non resident voters then residents (Again I want to emphasis the City of London IS not what we American would call London, that is governed by the Greater London Authority). . I mention the City of London for it is one of those rare creations that permit corporations and non-residents to vote. Also remember the real political power is in the Greater London Authority.

sadoldgirl

(3,431 posts)
26. It would be so great,if
Fri Feb 14, 2014, 05:38 PM
Feb 2014

every newspaper an TV station would bring these kind of remarks on their front pages or at the beginning of the news. Unfortunately this seems too much to expect.

ReRe

(10,597 posts)
29. Boy, they are running out of ideas, aren't they?
Fri Feb 14, 2014, 06:38 PM
Feb 2014

Grasping at straws.

I just watched the clip to see if the audience laughed at him. And thank God, there were sane people in the room.

Dopers_Greed

(2,640 posts)
30. Why is the media giving so much coverage to this idea?
Fri Feb 14, 2014, 07:28 PM
Feb 2014

It is so horrible.

One vote per person is the last thing keeping the U.S. from being a 100% oligarchy.

Brigid

(17,621 posts)
41. It may be . . .
Mon Feb 17, 2014, 07:18 PM
Feb 2014

The only thing preventing people from hitting the streets. Who knows how many people feel that their vote is the only influence they have on what goes on in this country. If they lose that . . .

Herself

(185 posts)
31. Talk like that is a test, the elite puppet masters are testing the American Voters
Fri Feb 14, 2014, 07:43 PM
Feb 2014

If they keep up with over the top batshyt crazy talk, claims, arrogance, and Americans don't get out and vote in mass, the republicans will up their game.

If people are angry with Democrats for not standing up to them for this and getting bolder, they have the non-voters to blame

Rich bastards don't spend billions on campaigns and lobbyists because our votes are worthless!

rlegro

(338 posts)
35. Money is everything
Sat Feb 15, 2014, 12:45 AM
Feb 2014

To these narrow-minded, self-aggrandizing jerks, money is speech. Thus the more money they have the more speech they have. That's already the operand in this country, thanks to Citizens United, but some of the uber-rich aren't satisfied, obviously. Besides owning most of the country's moneyspeech, these characters want to own most of the votes, too. Actually, though, that would just bring the current system of plutocracy out of the closet. Well, peel Mr. Perkins another grape while he uses you as a footstool.

Some "democracy." Arie, ye wretched of the earth!

TomCADem

(17,390 posts)
37. On a certain level, Chief Justice Roberts probably agrees,,,
Sun Feb 16, 2014, 01:18 PM
Feb 2014

...since money is equated with speech why not draw a direct line between money and the right to vote?

 

Thor_MN

(11,843 posts)
38. Sick, isn't it?
Sun Feb 16, 2014, 02:46 PM
Feb 2014

These idiots can't think beyond lining their own pockets. They define success as personal gain. A positive feedback system is never stable for long. The Founding Fathers would spit on the neocons.

Brigid

(17,621 posts)
39. Perkins does realize . . .
Mon Feb 17, 2014, 01:24 AM
Feb 2014

That this would strip away the last vestige of hope many of us 99-percenters have of influencing the political process through peaceful means, doesn't he? And we all know what comes after that.

Latest Discussions»Latest Breaking News»Tom Perkins' big idea: Th...