Advert

Latest

13 minutes ago
Advert
24 minutes ago
Advert

Most Popular

5 hours ago
Advert

Mark Zuckerberg Agrees With Bernie Sanders That Billionaires Shouldn't Exist

Mark Zuckerberg Agrees With Bernie Sanders That Billionaires Shouldn't Exist

Facebook chief and widely renowned billionaire Mark Zuckerberg has echoed suggestions from US Democratic Party politician Bernie Sanders that billionaires shouldn't exist.

Basically, a man who is worth around $66.6bn and is the fifth richest man on the planet agrees that no person should be able to control that amount of personal wealth.

Advert

Well, we can all look forward to him redistributing that around with us, can't we? By my maths that means he could give us all just under a tenner each.

That's everyone in the world, mind.

The Facebook CEO made these astonishing remarks during a live Q&A session on his beloved social media platform.

Totally normal and not weird at all Mark Zuckerberg. Credit: PA
Totally normal and not weird at all Mark Zuckerberg. Credit: PA

He was asked to talk about how he feels about comments made by Democratic presidential candidate Bernie Sanders, who says that billionaires shouldn't and - under his government - wouldn't exist.

Advert

Amazingly, Zuckerberg agrees.

The 35-year-old said: "I understand where he's coming from.

"I don't know that I have an exact threshold on what amount of money someone should have but on some level no one deserves to have that much money."

You see, recently Bernie Sanders said that he'd start to tax the wealthiest households in the USA in order to generate a load of money that could be redistributed and used to benefit the entire country instead of just a few rich folks.

What an idea. It'll never catch on, eh?

Bernie wants those with more to pay more, the madman. Credit: PA
Bernie wants those with more to pay more, the madman. Credit: PA

Sanders reckons that this bold scheme will generate as much as $4 trillion (£3.2tn) over the course of a decade, at the cost of significantly diminishing the personal wealth of a load of billionaires.

Oh no, what a shame, how sad.

The idea is that Sanders would implement a one percent levy on households that are worth more than $32 million (£25.9m). He'd also bring in tax rates that would get higher for people with more wealth.

That'd mean than people with more than $10 billion (£8.1bn) fortunes could pay up to eight percent.

Again, what a ridiculous idea - asking people with more money to pay more tax? What a madman.

At the time, Sanders said: "We are going to take on the billionaire class, substantially reduce wealth inequality in America and stop our democracy from turning into a corrupt oligarchy."

This latest news comes after Zuckerberg said that he'd 'go to the mat' to defeat any attempt to break up Facebook after Sanders' rival Elizabeth Warren said that she'd give it a go.

In a leaked audio recording, The Zuck said: "If she (Warren) gets elected president, then I would bet that we will have a legal challenge and I would bet that we will win the legal challenge. And does that still suck for us? Yeah. I mean, I don't want to have a major lawsuit against our own government."

Elizabeth Warren isn't keen on Facebook's monopoly. Credit: PA
Elizabeth Warren isn't keen on Facebook's monopoly. Credit: PA

Warren recently said: "What would really 'suck' is if we don't fix a corrupt system that lets giant companies like Facebook engage in illegal anti-competitive practices [and] stomp on consumer privacy rights.

"More than 85 percent of all social networking traffic goes through sites owned or operated by Facebook.

"They've got a lot of power-and face little competition or accountability.

"They've bulldozed competition, used our private information for profit, undermined our democracy and tilted the playing field against everyone else."

Featured Image Credit: PA

Topics: Interesting, US News, Technology, politics

Tom Wood

Tom Wood is a LADbible journalist and Twin Peaks enthusiast. Despite having a career in football cut short by a chronic lack of talent, he managed to obtain degrees from both the University of London and Salford. According to his French teacher, at the weekends he mostly likes to play football and go to the park with his brother.” Contact Tom on [email protected]

 

Next Up

People Are Getting Stoned In An Emergency Shelter Atop Ben Nevis

People Are Getting Stoned In An Emergency Shelter Atop Ben Nevis

17 days ago