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.

  • daniyeg@lemmy.ml
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    9 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.

    • cgarret3@lemm.ee
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      9 months ago

      “Generous” is the noteworthy takeaway. Either ‘currency’ belongs to society and some people hoard it instead of circulating it, or ‘the world’ ‘belongs’ to a very select few people.

  • SpiceDealer@lemmy.world
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    9 months ago

    I’m not very smart but I do sense a catch here. If my ‘suspicion’ (if you can call it that) is right, could someone kindly explain it to me?

    • BeautifulMind ♾️@lemmy.world
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      9 months ago

      The catch is that if they pay taxes and life gets better for other people we agree to not bring out the torches, pitchforks, and guillotines or tar, feathers, and such

      • WoahWoah@lemmy.world
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        9 months ago

        The torches, pitchforks, guillotine, tar, and feathers aren’t going to reach a billionaire. They’re going to be used on whoever is around.

        You aren’t getting within five miles of a billionaire. They don’t play D&D and eat at McDonald’s, bro. Sorry.

        You are more likely to find yourself unfortunately headless than even getting the chance to hurt the feelings of a billionaire let alone their actual person.

        • BeautifulMind ♾️@lemmy.world
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          8 months ago

          The torches, pitchforks, guillotine, tar, and feathers aren’t going to reach a billionaire. They’re going to be used on whoever is around.

          The point, of course, is that the cost of being a billionaire is that you can’t go out in public- if the public is mad enough about it

          • WoahWoah@lemmy.world
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            8 months ago

            Billionaires don’t really go out in public even when the public isn’t mad about it. This is what I’m saying: people think they’re taking something from them that they don’t use and didn’t want in the first place.

            “That’s right! The righteous anger of the public now makes you appearing in public dangerous! Try going to MY McDonald’s, Mr. Man!”

            It’s just impotent hand waving and revenge fantasizing. Fine and well, I suppose. Oh no, what ever shall they do and all that. 🤣

            Financially speaking, a millionaire is far, far, far closer to a homeless drug addict than a billionaire.

        • LostWon@lemmy.ca
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          8 months ago

          If it ever comes to it, rioters are probably going to go after celebrities (possibly including influencers). There seems to be an increasing trend of people being turned off by inauthentic charm and conspicuous consumption, these days. Also, more and more of them seem to have been born into the life (like a child of a celebrity) rather than being elevated from working class life.

  • kool_newt@lemm.ee
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    9 months ago

    Pretty sure I’ve seen this exact story about every 5 years for the last 20 years. It looks to me at this point like wealth apologism.

  • rusticus@lemm.ee
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    9 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.

    • beeple@slrpnk.net
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      9 months ago

      What’s the other word? There’s a lot of details that are missed where we could have a better functioning democracy, not that it’ll happen. But other words tend to be authoritarian, could be a bias. Anarchism will never count imo :)

  • Cosmic Cleric@lemmy.world
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    9 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.

  • muelltonne@feddit.de
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    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.

    • 31337@sh.itjust.works
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      8 months ago

      This is the same argument the other billionaires, politicians, and the media makes when arguing against Gates, Buffet, and Soros. I’m not saying Gates is a great person, but he’s more or less right in this particular case. It’s kinda like the “so, if you want the homeless to be housed, let them stay in your apartment,” argument.

    • Crikeste@lemm.ee
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      8 months ago

      I’m sure what they’re saying is that they want to give the government money but the government won’t let them.

      Quit being disingenuous.

      • AnneBonny@lemmy.dbzer0.com
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        8 months ago

        Disingenuous? He has billions of dollars stored in a 501(c)(3).

        A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code.

        He’s a fucking clown.

  • trackcharlie@lemmynsfw.com
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    9 months ago

    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’.

  • AlteredStateBlob@kbin.social
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    9 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.

    • Exosus@lemdro.id
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      8 months ago

      I’ve come to the right place if bill gates isn’t cheered on by leftwingers… Dude has such a sketchy past especially regarding intellectual property and market manipulation.

      But “at least he doesn’t support trump”

      • AlteredStateBlob@kbin.social
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        8 months ago

        He probably is through some back-ass-channel. These kinds of assholes always play all colors, all cards and have backup plans. He still wants to cling to his little riches even if the political winds change again. Gotta be able to show receipts when that happens.

        I’ll never support a single Billionaire ever for any reason whatsoever. They’re leeches and parasites to society, our species and planet.

      • Linkerbaan@lemmy.world
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        9 months ago

        Irrelevant to this tax thing but Bill Gates still helping known patent trolls obtain more patents

        Bill Gates is widely known for massive hypocrisy. And funneling his “Charity” money into vaccine companies he owns himself. And buying up an insane amount of farm land during Covid.

        If Bill Gates says something you can bet that he’s doing the exact opposite. There’s a reason that this “charity man” somehow keeps getting richer.

      • dangblingus@lemmy.dbzer0.com
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        9 months ago

        By being part of the billionaire owner class for decades and saying nothing about it until there’s very real threats of working class solidarity.

      • AlteredStateBlob@kbin.social
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        9 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