'The rich should pay more, and that
includes me!' Bill Gates calls for
increasing taxes on wealthy Americans by
targeting their bonds, inheritances and
capital gains—as he claims the current
system 'isn't fair' on working people
Posted By: Ribicon, 1/3/2020 11:10:01 PM
Bill Gates has become the latest billionaire to call for higher taxes on America's über-rich. The 64-year-old Microsoft founder—who is the second wealthiest person in the world with an estimated fortune of $114 billion—penned a New Year's Eve blog post detailing various ways that the government could extract more revenue from the wealthiest Americans.(Snip) Despite conceding that his proposals might not be popular with many moneyed Americans, Gates suggested that lawmakers could target the affluent by raising capital gains tax rates, increasing taxes on inheritances, and taxing fortunes that are sitting untouched in banks.
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By Biden Fulfilling His Radical Abortion Promises 37 replies
By Biden Fulfilling His Radical Abortion Promises 37 replies
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Comments:
The world's preeminent intellectual property thief says "the rich" (including the entirety of Washington state) need to pay higher taxes. Out of the other side of his mouth, he admits to paying the least amount of taxes possible because his so-called charitable foundation spends it much more wisely than the government could.