Investor Suggests Rich Should Get More Votes

Venture capitalist Tom Perkins suggested that “only taxpayers should have the right to vote — and that wealthy Americans who pay more in taxes should get more votes,” CNN Money reports.

Said Perkins: “The Tom Perkins system is: You don’t get to vote unless you pay a dollar of taxes. 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?”

“The audience at the Commonwealth Club reacted with laughter. But Perkins offered no immediate indication that he was joking.”