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@as.belas11: #asbelas11
AS BELAS
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Region: BR
Tuesday 03 November 2026 12:15:37 GMT
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2026-11-07 22:00:24
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Tax them hard enough and they’ll leave. Kevin O’Leary, born July 9, 1954, in Montreal, Quebec, is a Canadian entrepreneur, investor and TV personality best known as “Mr. Wonderful” on Shark Tank and Dragons’ Den. He built his fortune through businesses like SoftKey, which was eventually sold to Mattel for billions. O’Leary strongly criticizes communism and socialism, arguing that excessive government control and taxation can destroy the incentives that drive people to build businesses and create wealth. His warning is simple: push taxes high enough and wealthy people can take their money, businesses and investments elsewhere. And that creates a bigger problem. Rich entrepreneurs have the flexibility to move, but the jobs and businesses they create can move with them. If enough business owners leave, a country can lose investment, companies and employment. The lesson isn't that rich people shouldn't pay taxes. It's that governments have to understand incentives. If you make creating wealth too expensive, you may eventually drive away the people creating it. Media: The Diary Of A CEO (YT) Follow for more content like this. #business #richpeople #tax #success
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