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>Bill Gates: I’ve paid $10 billion in taxes. I should have paid more. https://www.vox.com/future-perfect/2019/2/27/18243183/bill-gates-foundation-reddit-ama-bi
by leoh 6y ago
>Bill Gates: I’ve paid $10 billion in taxes. I should have paid more.
https://www.vox.com/future-perfect/2019/2/27/18243183/bill-gates-foundation-reddit-ama-billionaire-taxes https://www.vox.com/future-perfect/2019/2/27/18243183/bill-g...
- RcouF1uZ4gsC 6y agoActually, Bill Gates should not have had the opportunity to amass as much money as he did because the US government should have broken up Microsoft a long time ago for anti-competitive behavior and abusing their monopoly positions dating back to at least the early 90's and maybe the late 80's. It is much better to aggressively enforce anti-trust than to increase the taxes afterward on the CEO's who benefited from such lax enforcement.
- _ph_ 6y agoYes, over the time of decades during which he became the richest man on the planet, he probably should have paid more taxes. I fully agree that there might be more taxes, that should be collected. However this one-time grasp for a high amount of the actual possession in the form of stocks is just wrong on some many accounts. Stocks are only money (and consequentally taxable) when sold - forcing people to sell of large amount of stocks wouldn't only be detrimental to their companies, but would have the potential to crash the stock market.
- gabrielsroka 6y agoFrom TFA, from 2019 BC (Before Covid): > [Q] ”What do you think the greatest threat to humanity is at this moment?” > Gates: “There are some things that aren’t likely but we should worry about — nuclear bombs and bioterrorism (from nation states or terrorism), or a big pandemic. This is the 100th anniversary of the Spanish flu [which killed 50 million people] and if it came back the amount of travel would make it spread faster than it did last time.