Billionaire Feels Guilty About Being So Rich
As per one report:
Billionaire California financier Bill Gross has apologised for the wealth he has amassed at the expense of workers.
In a lengthy blog on the website of his company Pacific Investment Management Company ( PIMCO) he labelled fellow tycoons who complain about taxes "Scrooge McDucks" after a Disney character. Calling for tax reform, 69-year-old Mr Gross, ranked 641 in the Forbes list of billionaires, said the top 1% of earners should pay more tax.
He writes: "Having gotten rich at the expense of labour, the guilt sets in and I begin to feel sorry for the less well-off, writing very public Investment Outlooks that 'dis' the success that provided me the soapbox in the first place.
Billionaire California financier Bill Gross has apologised for the wealth he has amassed at the expense of workers.
In a lengthy blog on the website of his company Pacific Investment Management Company ( PIMCO) he labelled fellow tycoons who complain about taxes "Scrooge McDucks" after a Disney character. Calling for tax reform, 69-year-old Mr Gross, ranked 641 in the Forbes list of billionaires, said the top 1% of earners should pay more tax.
He writes: "Having gotten rich at the expense of labour, the guilt sets in and I begin to feel sorry for the less well-off, writing very public Investment Outlooks that 'dis' the success that provided me the soapbox in the first place.
Labels: Billionaire, Guilty, Rich
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posted by Sancho at 10:07 AM
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