Re:Interview with Bill Gates on Covid, social media
by jkestner on Sunday August 09, 2020 @10:40PM
(#24104937)
Vocal, as in he did the usual billionaire dissembling about how Warren's wealth tax would take 90% of his fortune and kill innovation.
https://www.cbsnews.com/news/elizabeth-warren-would-love-to-...
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Re:Interview with Bill Gates on Covid, social media
by evan_ on Sunday August 09, 2020 @11:48PM
(#24105313)
and of course 10% of his fortune is still more than all the money made in the lifetime of every person Who will read this combined
Re:Interview with Bill Gates on Covid, social media
by jkestner on Monday August 10, 2020 @10:25AM
(#24109582)
And Warren's actual proposed rate, 3% for everything over $1 billion, is outpaced by the 11% annual rate of return for the S&P 500 over the last 30 years. A wealth tax would just slow down how fast the rich get richer.