Sorry, Bill Gates, You’re Wrong About an Income Tax
5th January 2020
I admire Gates’ philanthropy and respect it. He has done fantastic things for this world. But two of the things he has always demanded of the organizations to which his foundation donates is efficiency and return on investment. There is nothing more inefficient than government. While people are sleeping in tents on 35-degree nights, government agencies devoted to stopping homelessness spent money on a conference that featured a stripper.
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Bill Gates is worth $110 billion. If the government took half of his wealth, he is still filthy stinking rich beyond any of our wildest dreams for ourselves.
Compare and contrast that to a mom and dad who have both worked really hard their whole lives. Let’s say they’ve denied themselves some indulgences because they wanted to provide for themselves and their families, so they could have something for their kids. They’ve invested, they’ve been diligent, and they’ve worked tirelessly. Over the years, they accumulated $1 million or $2 million. Now you want to take half of that? They go from having their own little piece of the American Dream to wondering why they denied themselves those indulgences for all those years, if the money was just going to government anyway. The $1 million they lose out on is a lot different than the $50 billion Gates would lose.
January 5th, 2020 at 22:27
Bill Gates is only rich because he hasca monopoly and can overcharges all of us for his products.