Bill Gates: Taxes are going to have to go up on rich people

  • KissTheSky

    Posts: 1980

    Jan 29, 2012 3:46 AM GMT
    Gates has joined fellow billionaire Warren Buffett in the belief that America’s rich need to be paying more taxes.

    In an interview with the BBC Wednesday morning, the founder of Microsoft expressed his desire to see “a sense of shared sacrifice” from his fellow high earners.

    “Well, the United States has a huge budget deficit, so taxes are going to have to go up,” he said. “And I certainly agree that they should go up more on the rich than everyone else. That’s just justice.”



    Gates added: “Right now, I don’t feel like people like myself are paying as much as we should.

    President Barack Obama and Democrats have repeatedly proposed tax reforms that would require rich people to pay the same tax rates as members of the middle class, only to see them crushed by Senate Republicans at every attempt.

    BBC interview:



    http://www.rawstory.com/rs/2012/01/25/bill-gates-taxes-are-going-to-have-to-go-up-on-rich-people/
  • Posted by a hidden member.
    Log in to view his profile

    Jan 29, 2012 3:47 AM GMT
    Amen, brother Bill!
  • Posted by a hidden member.
    Log in to view his profile

    Jan 29, 2012 11:14 AM GMT
    Christian73 saidAmen, brother Bill!




    Tax's should go back up to the rates they were during Clintons economic success.

    Maybe since republicans are so concerned about the welfare of these very weathy few and their lack of job creation, they should take up donations to help the rich and see if that does any more good than bush tax deductions have done at job creation.

    LOL
  • rnch

    Posts: 11524

    Jan 29, 2012 12:51 PM GMT
    realifedad said
    Christian73 saidAmen, brother Bill!




    Tax's should go back up to the rates they were during Clintons economic success...




    agree! I don't recall many of the "top one percent"complaining during this time period.


    icon_idea.gif