Michael Bloomberg says taxing poor people is one of the ways you “influence them to do what’s in their own interest”

Bloomberg founded Everytown for Gun Safety.

It’s ALWAYS ABOUT CONTROL with demorats.

From Daily Mail: Former mayor of New York City Michael Bloomberg said he supports regressive taxes, meaning taxes that end up costing poor people proportionately more money than their more well off counterparts, as a means of control.

‘Taxes are one of the ways you influence people to do what’s in their own interest, where they might not expect that,’ he said. ‘So if you want to get kids to stop smoking, raise cigarette taxes, and the more you raise them, the less they smoke.’

Bloomberg made the comments during an interview with Christine Lagarde, the managing director of the International Monetary Fund (IMF), that was streamed live on April 19 from the IMF’s Spring meeting in Washington, DC.

The billionaire and philanthropist admitted that sometimes taxes take a proportionally greater amount from those on lower incomes, especially in the case of taxes that are imposed as a means of control. 

‘Some people say, ‘”Well, taxes are regressive,”‘ he said, referring to taxes that effectively take a larger percentage out of the wallets of those who make less money. ‘In this case, yes they are. That’s the good thing about them because the problem is in people that don’t have a lot of money.’

Presumably here, he was referring to smokers, and those who drink sugary beverages, as he famously instituted a high tax in the city on the purchase of ‘Big Gulp’ size sodas during his term as mayor.

He went on: ‘And so, higher taxes should have a bigger impact on their behavior and how they deal with themselves. So, I listen to people saying, “Oh we don’t want to tax the poor.” Well, we want the poor to live longer so that they can get an education and enjoy life. And that’s why you do want to do exactly what a lot of people say you don’t want to do.

Bloomberg brought the issue up in response to a question about his ideas on global policy as a philanthropist. He started the conversation talking about how one goal of Bloomberg Philanthropy is to raise money to fight non-communicable diseases.

‘The question is do you want to pander to those people?,’ he asked, referring to individuals who say taxation of the poor is never a good thing, while also assuming it’s the poor who are making that argument.

‘Or do you want to get them to live longer? There’s just no question. If you raise taxes on full sugary drinks, for example, they will drink less and there’s just no question that full sugar drinks are one of the major contributors to obesity and obesity is one of the major contributors to heart disease and cancer and a variety of other things.’

Bloomberg then went on to make the analogy that arguing against high taxes on things he thinks are bad, like sugary beverages, is the same thing as saying we should prop up outmoded jobs in disappearing industries, just to ensure those workers don’t have to find new employment.

‘It’s like saying, “I don’t want to stop using coal because coal miners will go out of work, will lose their jobs,”‘ he said.

‘We have a lot of soldiers in the United States in the US Army, but we don’t want to go start a war just to give them something to do and that’s exactly what you’re saying when you say “Well, let’s keep coal killing people because we don’t want coal miners to lose their jobs.” The truth of the matter is that there aren’t very many coal miners left anyways and we can find other things for them to do. But the comparison is: a life or a job. Or, taxes or life? Which do you want to do? Take your poison.’

At this point, Lagarde interjected, repeating Bloomberg’s analysis of regressive taxes. ‘So it’s regressive, it is good,’ she said. ‘There are lots of tax experts in the room. And fiscal experts, and I’m very pleased that they hear you say that.’

Lagarde then quoted a well-known phrase, attributing it to the financial experts in the room.  ‘They all say that two things in life which are absolutely certain. One is death, the other one is tax,’ she said. ‘So you use one to defer the other one,’ she added, summarizing Bloomberg’s point.

‘That’s correct,’ he said. ‘That is exactly right. Well said.’

At this, those in attendance started applauding.

Bloomberg served three consecutive terms as mayor of New York City, from 2002 to 2013.

DCG

21 responses to “Michael Bloomberg says taxing poor people is one of the ways you “influence them to do what’s in their own interest”

  1. Patricia Wilk

    He is a tyrannical, abusive, insanely unrealistic power-hungry creep who ultimately won’t get his way with us. Get this creep out of all power. Our 2nd amendment rights is exactly why we continue to have any freedom and liberty and prosperity at all anywhere in the world, and is why so many people are determined to come here legally and illegally. But, they must come legally otherwise they are destroying the very freedom and prosperity that they want. Bloomberg: You are a little bug that needs to be squashed out of power!

    Liked by 1 person

  2. What an arrogant, know-it-all POS.
    But the Left portray themselves as bleeding-hearts who just care so much for the downtrodden.
    All lies.

    Liked by 3 people

  3. If you keep repeating a lie, and insane amount of people will end up believing it;s the truth. Dishonest delusional bastard!

    Liked by 2 people

  4. This wannabe tyrant is a control freak and a liar. People like him don’t want poor people to live longer yadda yadda yadda . . . they want them to die. They despise the proles — especially armed ones — who might decide that it’s in their “own interest” to hunt freaks like Bloomberg down like rabid dog. Gun control is goy control.

    Liked by 2 people

  5. Wow. The veil has been ripped and the truth is being spoken out right these days. Taxation, originally put in place to fund the government, has been used as a social justice tool for many, many years right along with the income brackets. No more hiding the true intentions. May the Lord have mercy.

    Liked by 4 people

  6. Sales tax is one of the most repressive taxes to the poor no matter what you buy you pay tax on it. And if you only have so much to spend now your limited to the necessities and nothing more and sometimes can’t make those ends meet.
    Did you get the control part its how we can control them. Cats out of the bag so to speak all their efforts are working towards that control of every aspect of your life if they can then they have everything they need to make it a NWO while we toil away to give them our hard earned cash to be controlled and told what to do when to do it and how or we can re-educate you in a camp.
    This bloom needs to be cut off at the root so as never to grow again.☻

    Liked by 3 people

  7. Rich left/libtard elitist:

    Liked by 2 people

  8. Wouldn’t you just think that the “poor” would listen to his words, and come to the conclusion that he sees the poor as useless eaters, who should definitely die as young as possible. But no, they just are not able to reason on that level.

    Liked by 3 people

  9. Michael R. Bloomberg, member of the Committee of 300, used his tenure to personally enrich himself and attempted a massive fraud called congestion pricing for the privilege of driving a motor vehicle in New York City’s Manhattan. He lost this battle three times fair and square, upon the last time saying he would be fighting for it “for the next twenty years.”
    I had a passenger in my Uber about six months ago. He told me that Bloomberg is now buying up all the parking garages in Manhattan. This, coming from a man who ordered his traffic department to count—and then eliminate some five percent—every parking spot in each of NYC’s five boroughs.
    This, from a man who ordered the NYPD to continue the unconstitutional practice of stop-‘n’-frisk until he was sued over it.

    In my own humble opinion, Bloomberg is an amoral criminal psychopath whose allegiance is only to himself, and his business model for the City has been one of UNLIMITED and UNENDING gentrification, which will, eventually, add ONE MILLION PEOPLE to each borough’s population, making every kind of congestion unbearable—assuming anyone can afford to live here anymore.

    Liked by 4 people

    • It is obvious Bloomberg is part of the club, however wher did you see he was a member of the Comittee of 300? My understanding is that the Committee are fixed seats, that are only handed down through families.

      Liked by 1 person

  10. I remember when they were fighting the tobacco companies for huge amounts of money, a television pundit, I don’t remember who or from where, made a brilliant point. He said, ” If every single person in America stopped smoking right now, the entire country would go bankrupt overnight.” He was speaking about the many things that would happen, from the increased medical bills due to people living longer, to the more expensive costs of housing due to people being healthier and desiring better places to live. The large numbers of people out of work who depended on jobs from tobacco companies, not just tobacco, but other businesses that RJR and others had investments in.
    It went on for quite a long article, but the idea was, that the government should simply stay the hell out of social events, and be involved in only the things that they had constitutional authority to be involved in. It made sense then, and it makes even more sense now. In a country where around 20% of all jobs are somehow related to the government, it does seem like we are way top heavy, and eventually we will tip over. As far as that last so called Great Recession, folks, we ain’t seen nothing yet. I think it is time to stock up on food once more. It is never a bad idea, and the left keeps trying harder and harder to get rid of trump. To the point where some idiot is going to try and kill him. In this day where our military snipers routinely kill from a mile and a half away, the Secret Service has a damn tough job to do.Let’s hope nothing bad happens, but the secret state is not to be looked over as being the jv squad. They are the real deal.

    Liked by 2 people

  11. The only thing a recessive tax does is keep people on line to service those in higher wage bracket….The more they are taxed the less likely they can buy the stuff they want

    Like

  12. Loopy. What else should we expect? Just because someone is bright enough to get into politics does not mean they are bright enough to be there.

    Liked by 2 people

  13. “Well, we want the poor to live longer so that they can get an education and enjoy life. And that’s why you do want to do exactly what a lot of people say you don’t want to do.‘”

    WHAT Bloomberg MEANT to say was, “Well, we want the poor to live longer so that they can CONTINUE TO PAY TAXES.”

    As for Christine Lagarde listen to this beginning at minute 1:00. It’s from A.D. 2014:

    Liked by 3 people

  14. Could there be any better evidence that they want to make us all cattle? He obviously regards us as such already. He doesn’t hesitate to impose his will. He’s a rich Jew. “We” are cattle.

    They must have truly remarkable security for a-holes like this. He talks like he’s in India and we’re all “untouchables”. “This requires a sacrifice. Some of you may die, but I’m prepared to make that investment”.

    He would be laughable if it weren’t so serious. He should be laughed at anyway.

    Liked by 3 people

  15. Reblogged this on kommonsentsjane and commented:

    Reblogged on kommonsentsjane/blogkommonsents.

    Bloomberg doesn’t seem to know that poor people don’t pay taxes. Don’t 35 percent of the people in the U.S. don’t pay taxes. Bloomberg is a rich liberal/socialist who wants to play Hitler and cut the legs off of people so he can control them.

    What a bad actor.

    kommonsentsjane

    Liked by 2 people

  16. I wonder how many Bloomberg has personally helped with their medical, educational, housing, and other bills with his personal $BILLIONS that he earned off of their backs?

    Liked by 2 people

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