Bill Gates isn’t sure how ‘open-minded’ Elizabeth Warren is

Yolanda Curtis
November 7, 2019

Sorkin asked Gates if he'd consider sitting down with the MA senator. She said the new tax-raised funds will be used to fund her health care plan, which is expected to cost the federal government $20.05 billion in 10 years.

"I've paid over $10 billion in taxes ..." While the USA tax system is supposed to be progressive, meaning that wealthier households pay a larger share of their income in taxes than the middle class and the poor, America's 400 richest families now pay a lower tax rate than people in the middle class, according to recent research from two prominent economists, Emmanuel Saez and Gabriel Zucman of the University of California at Berkeley. "You know, I'm not sure how open-minded she is", the billionaire philanthropist continued.

Speaking at a press conference, Gates said, "I've paid over $10bn in taxes".

In the fast-moving mobile market, Gates says Microsoft was "three months too late on a release", which was enough to allow rivals to get a head start.

"I'd love for somebody to find a middle-ground approach", he said.

But Gates is concerned about proposals like Elizabeth Warren's landmark wealth tax plan, which would assess a 3 percent tax on every dollar over $1 billion in net worth.

"If we get the chance, I'd love to explain exactly how much you'd pay under my wealth tax".

"A very attractive Swedish woman and her daughter dropped by and I ended up staying there quite late", he wrote in some of the messages.

"I hope the more professional candidate is an electable candidate", he added. Then, he added, "Sorry - I'm just kidding, ' to chuckles from a live audience".

During his interview Wednesday, Gates was pressed on who he would vote for in a hypothetical general election between Warren and President Donald Trump, whose policies and rhetoric he has lightly criticized, particularly when it comes to foreign aid.

Mr Gates hit back at the idea during a talk at the New York Times DealBook conference in New York on Wednesday.

"I'm not going to make political declarations", Gates said.

Unfortunately, Gates worries that an Epstein-like situation could happen again and that he could "credentialize" other billionaires through the Giving Pledge, which is Gates's and Warren Buffett's effort to convince the world's billionaires to commit to giving half of their money away to charity.

The "incentive system" could be impacted by new taxes, and there are other ways to raise capital "without threatening" the existing system, he said.

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