Leftist Billionaires

How do you account for billionaires with left-leaning opinions?

There always have been the extraordinarily wealthy in socialist societies. The namenclatura of Soviet Russia lived like multi-millionaires, and probably had plenty more stashed safely abroad.

In the U.S., the policies of leftist-minded multi-millionaires and billionaires don’t necessarily create wealth for the public. These folks may simply believe in high taxes on public citizens; they may want to redistribute wealth of others.

Whatever it is they seek, they manage to make lots of money for themselves along the way. Perhaps they do consulting and advising, or have profitable connections. But they prosper enormously in the political process.

Look about and see how this is true among those who carry on battles for the “little guy,” while flying about in their private jets, and living in their many grandiose mansions, both here and abroad.

Their stand for the poor never means they have taken vows for personal poverty. In fact, they have even managed to become billionaires while in pursuit of their left-leaning careers.

Oh yes, they’re for higher income taxes but most of them pay little taxes the way their income is structured. (See the Earl J Weinreb NewsHole® comments.)