Bill Gates wants ultra-wealthy individuals to pay more tax — and now a growing chorus of billionaires agree.
In his annual “Ask Me Anything” forum on Reddit last year, the Microsoft cofounder said he was “surprised” that taxes for the rich haven’t been increased more.
Gates doubled down on his calls to tax the rich in a panel at the World Economic Forum in Davos this week. He said the wealthiest nations should donate more money to developing countries to help redress inequality.
“Those who have the most — whether it’s countries, companies, or individuals — should be pushed to be more generous,” he said.
It seems others agree, as more than 250 ultra-wealthy people signed an open letter calling for global leaders to impose a wealth tax.
How about backing up that letter with some lobbyists?
Ads. We need these folks taking out issues ads, raising the profile of taxing the ultra-rich.
As long as it is only a letter other billionaires don’t care. They know it’s lip service.
You know, you can voluntarily pay more taxes. I don’t think the irs would stop you paying more if you wanted to
Bill paying what he should in taxes doesn’t get Jeff or Elon to pay what they should be paying.
The system is broken. Bill should not be propping it up.
Then what’s stopping bill and Warren?
They don’t want to lose their ranking
if you overpay the IRS they will refund you
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Yep, who cares what these billionaires say.
Other billionaires are spending tens or hundreds of millions on lobbyists to prevent tax.
If they want it to change, they need to pay some lobbyists too.
This is the correct answer