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submitted 8 months ago by MicroWave@lemmy.world to c/news@lemmy.world

Bill Gates wants ultra-wealthy individuals to pay more tax — and now a growing chorus of billionaires agree.

In his annual "Ask Me Anything" forum on Reddit last year, the Microsoft cofounder said he was "surprised" that taxes for the rich haven't been increased more.

Gates doubled down on his calls to tax the rich in a panel at the World Economic Forum in Davos this week. He said the wealthiest nations should donate more money to developing countries to help redress inequality.

"Those who have the most — whether it's countries, companies, or individuals — should be pushed to be more generous," he said.

It seems others agree, as more than 250 ultra-wealthy people signed an open letter calling for global leaders to impose a wealth tax.

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[-] ono@lemmy.ca 185 points 8 months ago

How about backing up that letter with some lobbyists?

[-] givesomefucks@lemmy.world 31 points 8 months ago

Yep, who cares what these billionaires say.

Other billionaires are spending tens or hundreds of millions on lobbyists to prevent tax.

If they want it to change, they need to pay some lobbyists too.

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[-] AlteredStateBlob@kbin.social 110 points 8 months ago

"I'm surprised the thing me and my ilk have been actively working against hasn't magically happened despite our massive efforts to the opposite effect."

Bet you Bill thinks these kinds of publicity stunts will exclude him from being eaten, when we go to eat the rich.

[-] Aatube@kbin.social 22 points 8 months ago

Just curious, how has he worked against it?

[-] AlteredStateBlob@kbin.social 13 points 8 months ago* (last edited 8 months ago)

Is he funding lobbyists to affect this kind of change? No.
Is he employing top tier accountants to make sure he doesn't pay his fair share like the poors? Betcha.
Does he funnel his wealth into charitable foundations that are a tax write off leading to him getting money rather than having to pay it, while it stays in an eco system he has full control over? Betcha.
Is he buying expensive art, property, etc. to incur expenses that are tax write offs? Betcha.

Since I'm not a Billionaire, I won't be able to tell you all the ways that cunt is 100% pushing for a status quo while putting out fluff pieces like these that make him look good while doing literally nothing to affect the change he supposedly wants.

Wouldn't even be surprised if this was something to get out ahead of some revelations about tax evasion, so if you ever search up Bill Gates taxes, all you get is this curated nonsense of what a stand up good lad he is, trying oh so hard to pay his fair share. Why won't anyone take his money? Poor Bill. Must be hard not getting taxed and being utterly powerless to do anything about that. Shucks. Now he has to go another decade without ever coming close to paying his fair share.

Oh, also garbage takes like these, where he publicly opposed new tax plans - but it's fine, it was all cute and the audience laughed and he payed soooo much, sooo many taxes. https://youtu.be/dXxP4S_WwS0

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[-] Haus@kbin.social 77 points 8 months ago

Buy a few Republicans and let's make it happen, Billy Boy.

[-] DigitalTraveler42@lemmy.world 27 points 8 months ago

They're surprisingly cheap too

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[-] apfelwoiSchoppen@lemmy.world 70 points 8 months ago

Says the guy that fought tooth and nail for MRNA vaccination patents to remain private. Yeah pay taxes but maybe don't make the money to begin with.

actions > words

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[-] zbyte64 70 points 8 months ago* (last edited 8 months ago)

People are right to point out that he should not simply cut a check to the government, instead he should lobby for higher wealth taxes like he lobbies for patents or voucher schools. Anything less is just free PR.

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[-] gencha@lemm.ee 59 points 8 months ago

Says the guy who funnels his entire wealth through a foundation to avoid paying any taxes. Just like he told Epstein to do. Love you Bill

[-] Zehzin@lemmy.world 29 points 8 months ago

But you see, he deserves it for stealing all that work and ideas from other people

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[-] iAvicenna@lemmy.world 49 points 8 months ago

Dear Bill,

Would you be up for taxing charities owned by billionaires?

Sincerely yours

[-] anarchy79@lemmy.world 17 points 8 months ago* (last edited 8 months ago)

Charities are such an obvious money laundering scheme. "Philanthropy" my ass, it's always tax evasion, all of this is just for the gallery.

Source: https://ips-dc.org/report-true-cost-of-billionaire-philanthropy/?mc_cid=bfa8894a28

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[-] CosmicCleric@lemmy.world 43 points 8 months ago* (last edited 8 months ago)

Imagine if a wealthy individual, who believes that the wealthy should be taxed more, actually used their wealth to take out TV commercials in all states/provinces advocating for the increase in taxes for the wealthy, actually trying to sway the political mindset in a big way with the power they have via their wealth.

[-] buddascrayon@lemmy.world 37 points 8 months ago* (last edited 8 months ago)

Easier to just release a statement. That way you can be the "good guy billionaire" without actually having to pay up.

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[-] daniyeg@lemmy.ml 42 points 8 months ago

"i know you guys are upset at us fucking over all of you, but i assure you if you let us continue being petty tyrants with vast fortunes, we might give a marginally bigger sum of it back to the government, which will still spend it on whatever we tell it to anyway. win win!"

i don't want you to be more generous, i want you to be gone. if anyone proposed a plan that would actually affect them i doubt they would still support a wealth tax.

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[-] SuiXi3D@kbin.social 39 points 8 months ago

Literally nothing is stopping any of them from cutting a massive check to the government. This is lip service to stop people from hating on the billionaire class.

[-] monkeyslikebananas2@lemmy.world 36 points 8 months ago

Except the issue is systemic. You have a percentage of mega wealthy who simply don’t even pay their share. A few billionaires sending a large check to the government doesn’t fix anything. They could but until we change the way we handle taxes for the wealthy, we have a systemic problem we need to fix.

Speaking out that all the rich should pay more helps (maybe) make the case that those making hella bank should pay more.

Your statement is a bit of a straw man which doesn’t actually address the fact that the mega rich aren’t paying their fair share.

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[-] CaptainSpaceman@lemmy.world 13 points 8 months ago* (last edited 8 months ago)

They buy politicians left and right, but THIS issue is completely out of their hands.

Hang on, my eyes rolled so far back I need to cough them up now

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[-] rusticus@lemm.ee 38 points 8 months ago

TL/DR; The super wealthy own the politicians so much they can tell them to do something that they will never do. Democracy is a fool's word.

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[-] Crashumbc@lemmy.world 38 points 8 months ago

After he has already used a "charity" he created to tax shelter most of his money...

[-] underisk@lemmy.ml 23 points 8 months ago

He has more money now than when he started giving “virtually all” of it away to (his) charity. This doesn’t stop rubes from using his fauxlanthropy as some kind of proof that not all billionaires are evil.

[-] anarchy79@lemmy.world 36 points 8 months ago

I don't believe shit they say, if they say "go ahead and tax me" it's because they've got a way out so they won't have to, somehow.

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[-] muelltonne@feddit.de 33 points 8 months ago

Dear Bill,

the german government has a banking account where you can send them money, no questions asked. Feel free to send over your fair share of taxes you are avoiding by routing the Microsoft profits from Germany via Luxembourg and other tax havens.

[-] Daxtron2@startrek.website 30 points 8 months ago

They can flap their lips all they want, I won't believe them til they lobby for it and it gets changed.

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[-] electric_nan@lemmy.ml 26 points 8 months ago

Too late, compost these fuckers.

[-] CobblerScholar@lemmy.world 25 points 8 months ago

Okay then like do it, if you want to pay more money to the government then just fucking give it to them instead of fucking around with this dumb letter saying, "oh we promise we care about the peasan.... I mean poors.... I mean the financially disadvantaged"

[-] Katana314@lemmy.world 18 points 8 months ago

I can't actually picture how easily someone would just send a larger check to the IRS - it'd probably be kicked back to you as a tax refund if you filled your taxes correctly.

Much easier would be to found your own charity to get similar effects done - which, surprise, Gates already does. And I'm sure he doesn't just mean "I should be paying more taxes", he means "Everyone as wealthy as me", even if said other people don't agree with him.

[-] HubertManne@kbin.social 14 points 8 months ago

This is such a BS reply I see all the time. He does not want to give up his relative position. He wants folks at his position to pay their share. So he wants to retain a level playing field for competion for wealth but wealth should not come out of an ability to not pay taxes if you have the power to avoid it.

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[-] TIMMAY@lemmy.world 25 points 8 months ago

Bill Gates should either shut his stupid fucking mouth or put his insanely exorbitant amount of money where that stupid fucking mouth is. Oh, he is a philanthropist and supports many causes and charities? No, he is an ultra wealthy individual who hordes his insane amount of wealth and has so much of it that he can casually drop seven plus figures in to any cause he wants, collect accolades from the public for it, and make that money back by the end of the fucking hour. Fuck bill gates

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[-] Twelve20two@slrpnk.net 23 points 8 months ago

Put up or shut up, Bill. And don't get me started on all the land you own

[-] TrueStoryBob@lemmy.world 20 points 8 months ago

Oh, thank goodness the billionaires will save us from [checks notes] the billionaires.

[-] Gullible@sh.itjust.works 16 points 8 months ago

My nine year old: “My nails are sharp and they get stuck to my clothes”
Me: “You should cut them. Do you need any help?”
9 y.o.: “Please cut them even if I start crying”

Sometimes people need their nails cut for them and you should be happy to oblige even if they start crying. Though I think Bill’s waning moment bribes are more convincing than offering to do chores.

[-] ChonkyOwlbear@lemmy.world 15 points 8 months ago

You can voluntarily overpay taxes. Put your money where your mouth is Bill.

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[-] AnneBonny@lemmy.dbzer0.com 15 points 8 months ago

No one is stopping you from giving money to the government.

You can make a gift to reduce public debt here: https://www.pay.gov/public/form/start/23779454

You can donate to the U.S. Government here: https://www.pay.gov/public/form/start/708094624

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[-] novibe@lemmy.ml 15 points 8 months ago

They always say shit like this then put all their money in charities or shell corporations overseas… this is just marketing. He could easily pay more taxes right now if he wanted to.

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[-] AnAngryAlpaca@feddit.de 15 points 8 months ago

What would stop them from just funding housing, healthcare or education by themselves, if they want to contribute to society?

[-] Tubics@lemmy.world 22 points 8 months ago

It's still a massive difference to taxes. Society should decide where the money goes, not the wealthy individuals themselves

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[-] JoBo@feddit.uk 14 points 8 months ago

"should be pushed to be more generous"

Generosity my arse. Should be forced to pay their way. The rest of us cannot afford them.

[-] Lodespawn@aussie.zone 13 points 8 months ago

"if only someone would close the loop holes, but alack, they remain and the accountants force me to use them, what ever is to become of poor rich Bill"

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this post was submitted on 22 Jan 2024
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