Billionaires Ask Democracy for a Refund
When a billionaire answers a tax debate by threatening to move the money, squeeze the company, or make workers feel the draft from the…
When a billionaire answers a tax debate by threatening to move the money, squeeze the company, or make workers feel the draft from the executive jet, that is not public testimony. That is a ransom note with accounting software. Phil McCracken has reviewed enough “public service, private invoices” to know the difference between an argument and a customer-service shakedown wearing a quarter-zip.
The contradiction is always freshly waxed: markets are sacred, freedom is holy, and democracy is beautiful right up until voters discuss sending extreme wealth a bill. Then suddenly the richest guy in the room treats the public like a vendor contract he can cancel for poor service. Democracy asks for reasons; he slides over an invoice. I’m just here to note the font says blackmail in tasteful corporate gray.