02/06/2014 09:13 am ET | Updated Feb 06, 2014

Colbert Takes On Millionaire's One Percenter-Holocaust Comparison

Last weekend, venture capitalist Tom Perkins set off a firestorm when The Wall Street Journal ran a letter he penned in which he claimed that the wealthiest one percent of Americans are exactly like Jews during the Holocaust, because all persecution is equal, or something. He later offered a mea culpa, but that didn't stop Stephen Colbert from tearing him apart on Wednesday's "Colbert Report."

Check out the clip above to see Colbert take down Perkins, and then hear New York Daily News owner Mort Zuckerman, himself a billionaire, offer his thoughts on the matter to Stephen.