Published in News

Bill Gates wants to pay more taxes

by on26 January 2012

Taxing the rich is “just justice”

Microsoft cofounder Bill Gates told the BBC that he wouldn’t think twice about paying more taxes, as the US is already struggling with a huge deficit.

"The United States has a huge budget deficit, so taxes are going to have to go up," he said. "And I certainly agree that they should go up more on the rich than everyone else. That's just justice."

Taxing the rich has become something of a wedge issue in US politics lately, but several billionaires, including Warren Buffett, have already come out in favor of higher taxes for the super-rich.

Gates stressed that the deficit problem had to be resolved with a shared sacrifice, where everyone would do their part.

“Right now, I don't feel like people like myself are paying as much as we should," he said.

More here.

Rate this item
(0 votes)