, the billionaire founder of the world's biggest hedge fund is more worried about losing the American dream.
The Republican idea that cutting taxes on the rich promotes productivity "doesn't make any sense to me at all", and the wealthy must pay more, Dalio said. "The important thing is to take those tax dollars and make them productive," he added. Thanks to Bridgewater's asset base and investing success over time, Dalio has a fortune that the Bloomberg Billionaires Index estimates at $US16.9 billion."It doesn't need to be abandoned," Dalio said of capitalism on CBS. "Like a car, like anything, a plane, a school system, anything, it needs to be reformed in order to work better."Dalio expressed similar sentiments in an essay posted on April 4 on LinkedIn.
Capitalism must be reformed because it's not producing enough opportunities for most Americans, creating an income gap that threatens to spark conflict SO TRUEThey make money with other peoples' moneyor as shareholders Winners take all
Has old mate Ray ever minimized his tax?
The American dream is lost due to the Jewish subversion of our beautiful homelands.
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