“The French Economist Who Helped Invent Elizabeth Warren’s Wealth Tax” Read the article here.
Read the article here: “Should rich people pay more in taxes? The answer is yes. For whatever remainder of money that they have left over, I do think philanthropy is a good thing. That 2 percent of the economy plays a role that neither the private sector or the government is able to do,” Gates said. “If you create a company that is super valuable, at least some part of that you should be able to have — a little bit for consumption, and hopefully the balance to do philanthropic things.” —Bill Gates
Devil’s Advocate: It’s understandable that Bill Gates wants to protect humanity’s lifelines using collaborative consultation among his billionaire friends and associates, but what’s intriguing is how many of those friends might be black, and how many black people have Bill Gates and his billionaire friends helped in that collectively they’d own a meager 5% of Gates’ financial wealth so they could launch their own philanthropic initiatives to “save the black race?”
To enlarge image right-click on it and select “view image.”
Header Photo By: Alvin Mahmudov on Unsplash