Sam Bankman-Fried – Chief Executive Officer of the cryptocurrency exchange FTX – believes billionaires like him should get taxed at a higher percentage rate. The crypto boss admitted he plans to donate “almost everything” that he earns in his lifetime to charity causes.
Taxing The Rich Sounds Fair
Earlier this year, the US government contemplated imposing a new tax rule. A move that sounds good on paper for some – cure the shuttered economy and bring fresh funds into the Treasury, which later the authorities could distribute accordingly.
The legislation targets mainly the wealthiest individuals. If the bill becomes official, it would mean that the American billionaires, who are more than 600, will be slammed with an additional percentage.
In a recent interview for CNN, Sam Bankman-Fried – Founder of the cryptocurrency trading venue FTX and one of the US billionaires – said he is an advocate of this idea. Despite admitting he is not an expert in the field, he stated that c
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