The 1% Shouldn't Pay Taxes According to Harry Binswanger

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Tuesday on Yahoo! Finance, The Daily Ticker's Morgan Korn posted an article and video about the recent controversial statements of one Harry Binswanger. This former college professor sat down with two individuals from The Daily Ticker, including Aaron Task and Henry Blodget.

According to the article and video, it seems that Binswanger firmly believes that the 99% are indebted to 1%. The 99% should give back to the 1% for "their enormous contributions to our standard of living." Also, Binswanger believes that the 1% should therefore not be punished by having to pay taxes. They should be exempt.

Task and Blodget further question Harry Binswanger's belief in their Yahoo! Finance video. Be sure to click on the link below to read Morgan Korn's article and to watch The Daily Ticker's video.

The 99% Owe "A Debt of Gratitude" to the 1%: Harry Binswanger | The Daily Ticker - Yahoo Finance