Michael Bloomberg said poor people paying more in taxes proportionately is a "good thing" because it is "one of the ways you influence people to do what's in their own interest." Bloomberg at an event with International Monetary Fund's Christine Lagarde that took place on April 19, 2018
QUOTE:
MICHAEL BLOOMBERG: Some people say, well, taxes are regressive. But in this case, yes they are. That's the good thing about them because the problem is in people that don't have a lot of money. And so, higher taxes should have a bigger impact on their behavior and how they deal with themselves. So, I listen to people saying 'oh we don't want to tax the poor.’ Well, we want the poor to live longer so that they can get an education and enjoy life. And that's why you do want to do exactly what a lot of people say you don't want to do.
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Dead horse at the gate lol