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What Next | Daily News and Analysis

What Next - Who Wants to Be a (Heavily Taxed) Millionaire?

What Next | Daily News and Analysis

Slate Podcasts

News, Daily News, News Commentary

4.32.4K Ratings

🗓️ 22 February 2019

⏱️ 23 minutes

🧾️ Download transcript

Summary

As Democrats try to find an economic message that can win in 2020, a group of like-minded millionaires is making the rounds, telling any politicians who will listen, “We want to pay more in taxes.” Why now?

Guest: Morris Pearl, chair of Patriotic Millionaires.

Tell us what you think by leaving a review on Apple Podcasts or sending an email to whatnext@slate.com. Follow us on Instagram for updates on the show.

Podcast production by Mary Wilson, Jayson De Leon, and Anna Martin.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

My name is Morris Pearl. I'm the chairperson of the Patriotic Millionaires.

0:10.0

Can I call you Morris? What should I call you?

0:12.2

You can call me Morris?

0:13.3

If you saw Morris Pearl walking down the street, you probably wouldn't think to yourself,

0:17.8

that looks like a millionaire.

0:19.3

You know, different people take different

0:20.9

approaches. You decide to be a journalist. I decided to go into structured finance. Do you like

0:26.3

being known as a millionaire? I don't mind. The funny thing about being a millionaire is that

0:34.1

everyone wants to be one, but once you are one, you probably don't want to talk about it.

0:38.6

Even if you're Morris Pearl, who's in charge of a group of people who call themselves the patriotic millionaires.

0:43.9

When we do have some kind of group meeting with our members, the complaints are always about the name.

0:48.9

Wow, we could sign up more people if we just change the name of the group to, you know, responsible Americans or something.

0:56.9

This name, though, it's intentionally provocative. You know, with these business cards, say

1:01.9

patriotic millionaires, I can get a meeting with pretty much anybody I want to meet with. You know,

1:06.6

so I get to know the Speaker of the House and the head of the Democratic National Committee and,

1:14.6

you know, people want to meet with me all the time. You know, I get to go on slate once in a while. Whenever Morris meets up with a politician or a journalist, he's there to talk

1:21.2

about one thing, taxes. He wants to pay more. Yeah. Alexandria Ocasio-Cortez has been getting credit for demanding the rich pay more.

1:30.8

Yeah.

1:31.3

But Morris has been asking the U.S. government to send him a bigger tax bill for years.

1:36.2

That's what I'm for.

1:37.6

He's got money. He likes his money. But he's worried about the growing gap between people like him and everyone else.

1:44.5

We're going more and more towards a kind of society with some people and some other people.

...

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