[VIDEO] Columbia prof argues for 'wealth tax' on O'Reilly Factor in heated exchange
A prominent professor from Columbia University found himself in a heated exchange last night with FOX News host Bill O’Reilly, after he expressed his support for the implementation of a “wealth tax” on a national scale.
Professor Marc Lamont Hill appeared on the popular news outlet to discuss the idea of a “wealth tax,” which is a controversial idea that has recently surfaced as a means to reduce income inequality in the United States.
When asked if he backs the proposal, Hill professed that he is an enthusiastic supporter.
“I think it is exciting. I think it is innovative. And I think done properly, it can actually make this country even more democratic and fair,” he said.
Hill added that taxing one-percent of an individual’s worth is a “good number” and contended that “only the fat cats” would have to pay more, which he insisted “is awesome.”
WATCH: Professor advocates for wealth tax on ‘O’Reilly Factor,’ courtesy of Mediaite
O’Reilly followed up, seeking to clarify if Hill was really advocating for such a measure.
“Okay, so one percent every year of whatever your net worth may be… you have to send a check to the federal government for that?”
“Absolutely,” Hill replied.
The professor sparked controversy earlier this year when he published a list of the “15 most overrated white people” on Columbus Day.
Hill hosts the nationally syndicated television show Our World With Black Enterprise and is a regular guest on CNN, MSNBC, and FOX News. He describes himself as a “social justice activist and organizer” on his website and one of the “leading hip-hop generation intellectuals.”?
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