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Billionaires should be taxed more heavily

                                                            Sam Bankman-Fried – Chief Executive Officer der Cryptowährungsbörse FTX – glaubt, dass Milliardäre wie er mit einem höheren Prozentsatz besteuert werden sollten.  Der Crypto-Chef gab zu, dass er plant, „fast alles“, was er in seinem Leben verdient, für wohltätige Zwecke zu spenden.

Tax the Rich Sounds fairly

Earlier this year, the US government considered introducing a new tax regime. A move that sounds good to some on paper – heal the closed economy and bring fresh money into the treasury, which the authorities could later distribute accordingly.

The law is aimed primarily at the wealthiest people. If the bill got official, it would mean slamming the 600+ US billionaires with an extra percentage.

In a recent interview for CNN, Sam Bankman-Fried – founder of the FTX cryptocurrency trading platform and one of the US billionaires – said he was an advocate of the idea. Although he admitted that he was not an expert in the field, he said it “sounds perfectly reasonable” to collect more taxes on people like him.

“I would basically support that,” he added.

The 29-year-old, known as the richest billionaire under 30, also said that participating in charities is more important than taxation. He vowed to donate “almost everything” he earned in his life. These include poverty reduction, pandemic preparedness and projects related to global warming.

“It is our duty to give something back, not just for our own sake and not for our reputation. It is important to give something back to help the world, ”emphasized the top manager.

Still, Bankman-Fried argued that some donations were pointless. “Naming Buildings After Yourself” is one of them and has nothing to do with these charities that aim to create global welfare for humanity.
FTX CEO Sam Bankman-Fried. Bloomberg

Buterin also donates

Vitalik Buterin is another young billionaire in the cryptocurrency industry. In May of this year, Ethereum‘s co-founder has allocated 50 trillion SHIB tokens to the India Covid Relief Fund in addition to 500 ETH. At the time of the donation, the amount was approximately $ 1 billion.

At the time, India was struggling with its worst wave of coronavirus infections, and the health sector was barely able to cope with the crisis. Outlining the grave problem that COVID-19 has created for the Asian country and the whole world, Buterin said:

“It is important to also think about the longer-term future.”

Selected image courtesy of Forbes

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Source: Crypto News Deutsch

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