6 years ago
This Facebook Co-Founder Wants to Tax the Rich
In his 20s, Chris Hughes co-founded Facebook Inc., helped elect a U.S. president, and made almost half-a-billion dollars. Then he turned 30 and, as he freely admits, his lucky streak came to an abrupt, high-profile end after a disastrous attempt to turn around the New Republic magazine. Hughes, 34, now devotes his time to evangelizing for higher taxes on the rich, such as himself. He's proposing that the government give a guaranteed income of $500 a month to every working American earning less than $50,000 a year...
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