<p>Billionaire Michael Bloomberg said recently at the World Bank Group 2018 Spring Meetings in Washington, D.C. that raising taxes on poor people is a &#8220;good thing&#8221; for the poor people.</p>
<p>&#8220;Some people say, well, taxes are regressive,&#8221; Bloomberg said, according to Americans For Reform. &#8220;But in this case, yes they are. That&#8217;s the good thing about them because the problem is in people that don&#8217;t have a lot of money. And so, higher taxes should have a bigger impact on their behavior and how they deal with themselves.&#8221;</p>

WATCH: Liberal Billionaire Says Raising Taxes On Poor People Is A ‘Good Thing’

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Ep. 2738

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Ep. 2737
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WATCH: Liberal Billionaire Says Raising Taxes On Poor People Is A ‘Good Thing’