Dalio, Fink Say They’d Pay More Tax If Funds Were Spent Well
- Billionaires say they back equal opportunities, productivity
- Democrat lawmakers drafting plans for ultra-rich income tax
This article is for subscribers only.
U.S. billionaires Ray Dalio and Larry Fink say they’re open to paying more tax -- but only if the money was put to good use.
“I would support anything that is going to have the effect of being spent on increasing, creating equal opportunity and greater productivity,” Dalio, the founder of hedge fund Bridgewater Associates, said at Saudi Arabia’s flagship investment conference. “If it accomplishes those things, I would support it. I’m not sure that it does.”