“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 wish to preserve the life-lines of humanity using a collaborative consultation among billionaire friends and associates, but what’s equally concerning is how many of those friends are Black — and how many Blacks have Bill Gates and his billionaire acquaintances assisted in that they’d own a mere 5 percent of Gates’ financial wealth, so as to put forth their own philanthropic initiatives to “save the Black race?”
Something else may interest you: Every year Black Enterprise chronicles African Americans who serve on the Board of Directors of the S&P 500 companies, essentially White-owned corporations. Here’s Black Enterprise’s 2019 Registry of Corporate Directors.
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