Bill Gates is okay with new higher taxes on the super wealthy .

[Prosper]

Remember this: “In his book, Bill Gates talks about life
RULE 1 ... Life is not fair; get used to it.”

Glad we can count on his support for Warren’s wealth tax.

[meadowlander]

1. Points, but...

wouldn't step one be hiring more people, relying less on temporary work visas, and raising people's wages?

You only get to be a multi-billionaire in the first place by not paying your people what they are (obviously) worth.

How many people at Microsoft are on temp contracts that require them to regularly work 60+ hours a week with no paid overtime? Why not double the staff, let them work 30 hour weeks and increase their pay. He'd have a happy, more productive work force and could shed some of those unwanted billions.

[Prosper]

4. Higher taxes is not a punishment

but investment in the country. I would encourage tax credits for any dollar spent for creating goods and services jobs. That way the wealthy good pay no taxes at all on first 10 million if they invested earnings over 10 million. That way instead of dynasty trusts stagnating the economy the wealthy would own all the new businesses responsible for prosperity. Instead of hiring people to manipulate billions for power the rich would own the revitalization of the country.

[meadowlander]

5. I didn't say it was.

By all means, taxes on the wealthy should be raised.

My point was that supporting this doesn't make Bill Gates some massive humanitarian. Microsoft is a guilty as anyone of using temporary visas from overseas workers to union bust, lowering wages and exploiting workers with unpaid overtime.

[Prosper]

8. Sorry if misunderstood.

I completely agree with your incite-full and comprehensive solution to stagnated money. I was still answering to GReedDiamond who invoked hate as my motive I think. My only motive is moving stagnant money back into the economy. I feel money is a resource and should be regulated like a resource to maintain its purpose and position.

[GReedDiamond]

2. I understand the hatred of Bill Gates, but I don't get it...nt

[Prosper]

3. Where does hate come from????

Not hate at all. If anything I feel sorry for the guy that probably gives less to charity as a percent of his discretionary income than any of the working poor in this country.

Do you consider this more hate??

“However, the new report—Gated Development: Is the Gates Foundation Always a Force for Good?—argues that regardless of good intentions or motivations, the foundation's "concentration of power is undemocratically and unaccountably skewing the direction of international development" which in turn is "exacerbating global inequality and entrenching corporate power internationally."

https://www.google.com/amp/s/www.ecowatch.com/who-really-benefits-from-global-giving-of-billionaires-like-bill-gates-1882156218.amp.html

[maxsolomon]

6. Who hates him?

In Seattle, he's not hated. He goes out in public and people leave him alone. I've sat near him in movie theatres.

He and his Father advocated for a State Income Tax recently. Jeff Bezos was against it.

The Gates Foundation is doing the work our government should be doing in the Developing World.

[Prosper]

7. I think hate was ascribed to me not Gates for

using Gates’ graduation speech as an approval for taxing the wealthy at a higher and progressively increasing rate. BTW interesting that trump is automatically capitalized in a lot of contexts while gates is not. I am totally appreciative and in awe of anybody that amasses a fortune. I feel that any significant money should be spent back into the economy or if not then taxed back into the economy. Money is the lifeblood of an economy and bleeding money out the economy destroys the economy. An economy should be an institution not a series of opportunistic events. NASCAR, NFL, NBA ...... all know the value of an institution.