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Bill Gates thinks the super-wealthy should pay more tax – and plenty of rich people agree

www.businessinsider.com Bill Gates thinks the super-wealthy should pay more tax – and plenty of rich people agree

Bill Gates told the World Economic Forum that countries, companies and individuals who have the most "should be pushed to be more generous."

Bill Gates thinks the super-wealthy should pay more tax – and plenty of rich people agree

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.

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  • Performative, these people could write checks directly to their countries tax collection agency any time they wanted. Old Bill there could send $500,000 a day for a hundred years and not miss it.

    Yes I did the math, that would work out to only 18 Billion of his 121 Billion fortune!

    • See PugJesus’s reply below, plus mandating it would make it required

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