this post was submitted on 22 Jan 2024
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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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[–] herrwoland@lemmy.world 12 points 8 months ago

The fox thinks that we need a stronger hen security doors installed and the weasels agree 👏

[–] hark@lemmy.world 11 points 8 months ago (2 children)

So does this mean a wealth tax that will actually hit the rich or simply increasing income taxes that will be avoided by the rich as usual?

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[–] Lodespawn@aussie.zone 10 points 8 months ago (2 children)

"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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[–] ChonkyOwlbear@lemmy.world 10 points 8 months ago (5 children)

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

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[–] AnAngryAlpaca@feddit.de 9 points 8 months ago (4 children)

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

[–] knatschus@discuss.tchncs.de 7 points 8 months ago* (last edited 8 months ago) (1 children)

That would put them behind those who wouldn't do it, if every rich person is forced to pay more taxes noone loses power

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[–] bc1@lemmy.l0l.city 8 points 8 months ago (1 children)
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[–] FlyingSquid@lemmy.world 8 points 8 months ago

I'm not rich and I also agree.

[–] Son_of_dad@lemmy.world 7 points 8 months ago (1 children)

Bill Gates asking us to tax his "wealth" while he hides most of it. This guy is the worst of the billionaires cause he pretends to be good. Also one of Epstein's buddies

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[–] AscendantSquid@lemm.ee 7 points 8 months ago (1 children)

I feel like these billionaires are afraid of the shitshow we call capitalism collapsing and they're willing to throw money at the problem so they can keep it going and stay in power.

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[–] madcaesar@lemmy.world 6 points 8 months ago

Take that money and talk and fund progressive politicians so we'll have systematic change.

This bullshit talk about paying more taxes is worthless.

[–] chuckleslord@lemmy.world 5 points 8 months ago* (last edited 8 months ago)

"That's why I pay people to lobby the government to cut taxes for the wealthy." -Bill Gates, probably

[–] trackcharlie@lemmynsfw.com 5 points 8 months ago (1 children)

Just so long as it doesn't reduce their personal wealth, they're all for 'paying more taxes' as long as they can use the loophole of 'I created a charity in order to avoid paying my fair share of taxes'.

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[–] Buelldozer@lemmy.today 5 points 8 months ago* (last edited 8 months ago) (1 children)

Performative, these people could write checks directly to their countries tax collection agency any time they wanted. Old Bill there could send $500,000 a day for a hundred years and not miss it.

Yes I did the math, that would work out to only 18 Billion of his 121 Billion fortune!

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[–] myrdinn@lemmy.world 5 points 8 months ago (1 children)
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