The Salesforce CEO called for the establishment of a 'new capitalism' that's partly funded by taxing the rich.
Salesforce CEO Marc Benioff is calling for billionaires like himself to be subject to higher taxes.
In a New York Times op-ed, he said higher taxes would "help generate trillions of dollars" needed to advance important causes, like fighting climate change.Marc Benioff, Co-CEO of SalesForce speaking at the WEF in Davos, Switzerland on Jan. 22, 2019.co-CEO Marc Benioff is calling for the establishment of a "new capitalism" that's paid for in part by taxing billionaires like himself.
To achieve these goals, Benioff proposed a new system that "includes higher taxes on the wealthiest among us." "Nationally, increasing taxes on high-income individuals like myself would help generate the trillions of dollars that we desperately need to improve education and health care and fight climate change," Benioff wrote.by the Business Roundtable, a group made up of CEOs from several top U.S. corporations, to steer the focus of corporations away from maximizing shareholder value.
Benioff also isn't the first billionaire to say America's wealthiest should pay higher taxes. Legendary investor Warren Buffett and
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
For The First Time In History, U.S. Billionaires Paid A Lower Tax Rate Than The Working Class: What Should We Do About It?For the 1st time in history, U.S. billionaires paid a lower tax rate than the working class. What should we do about it?
Weiterlesen »
MLB Commissioner Rob Manfred Reveals ‘No Plan’ To Move A’s To Las VegasRumors were running wild Tuesday about a possible relocation of the Oakland Athletics to Las Vegas. Major League Baseball commissioner Rob Manfred reportedly “warned city officials that the Athleti…
Weiterlesen »
Bernie Sanders unveils plan to raise corporate tax rate to 35% and ban stock buybacksSanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.
Weiterlesen »
ECB's Holzmann calls current monetary policy 'wrong', hopes for new course under LagardeNew Austrian National Bank Governor Robert Holzmann sharply criticized the Europ...
Weiterlesen »
Elton John Calls Michael Jackson 'Mentally Ill' in New MemoirSir Elton makes some eyebrow-raising allegations about Michael Jackson in his new book.
Weiterlesen »
The Best Fashion Instagrams of the Week: Lady Gaga, Bella Hadid, and MoreWant to learn how to capture a really good selfie? Here are the best fashion Instagrams of the week:
Weiterlesen »