| How fortunate that you are a non-American, my dear sir, so your opinion completely doesn’t matter. On the other hand, have you considered giving more of your money to your own government? |
"We have a very important role. I think if anybody is fortunate to be successful, wealth, and sometimes extreme wealth, comes with it and there's an enormous responsibility to redistribute that wealth by setting up, in our case, many, many different kinds of programs," Branson said.
Branson added that the "extremely wealthy most likely should bear more of the burden than they currently do."
"And do you agree with the likes of Warren Buffett and Bill Gates saying individuals like you should be paying higher taxes in this country?" Vossoughian asked.
"Yes, I mean, I'm not American, but I think the answer is yes. I think that, you know, the enormous tax breaks have benefited the very wealthy and that is wrong. And we don't need them in the way that other people do," Branson responded.
The nonpartisan Tax Policy Center found the average middle class family kept almost $1,000 due to the Tax Cuts and Jobs Act passed by Republicans. An article published by Fox Business earlier this year highlighted other benefits of the tax cuts: