"I have paid more than $10 billion in taxes, but I should have paid more", Mr. Gates, who is worth roughly $96.5 billion, told the United Kingdom.'s Daily Mail in an interview published Tuesday. So the ability of hedge fund people, various people - they aren't paying that ordinary income rate.
Gates, who along with his wife Melinda have become some of the world's leading philanthropists, allowed that the tax code could be made 'more progressive, ' but didn't spell out exactly how. The top marginal rate is now 37 percent.
While Ocasio-Cortez has been impressive in many ways on social media, she doesn't lead in other metrics, with Sen.
'We can be more progressive without really threatening income generation - what you have left to decide how to spread around, ' Gates said, noting the tradeoff that many economists point out.
'If you focus on that, you're missing the picture, ' he said.
Ocasio-Cortez used an appearance on CBS "60 Minutes" to pitch her plan to tax double-digit millionaires at a 70 percent rate - taking care to note the amount below that threshold would be taxed at lower amounts.
Rich dude Bill Gates told funnyman Stephen Colbert on Tuesday that the wealthy need to pay their fair share in taxes but that a proposed 70 percent marginal rate is flawed. "That doesn't mean all $10 million are taxed at an extremely high rate".
"I'm going to be the bad guy, which I'm sure half the room would agree with anyway, and I want to get away with as much bad things as possible, ideally to enrich myself and advance my interests, even if that means putting my interests ahead of the American people", the New York Democrat began.
Meghan addressed the letter to "Daddy", before telling him she "does not understand" why he has "chosen to take this path". Making them even busier, of course, is their baby who's due to join the royal fold around the end of March or early April.
Liverpool duo Naby Keita and Sadio Mane are keen for Timo Werner to make the move to Anfield from RB Leipzig. RB Leipzig hotshot Werner is reportedly the No.1 target but Liverpool are not alone in their pursuit.
La scène prend place près de la place de la République, boulevard du Temple, à Paris, dans le 3ème arrondissement. Le commerçant parisien, âgé de 32 ans, a quitté ses fourneaux pour le commissariat du VIII.
On oublie vite qu'ils n'ont que huit ans d'écart et que, forcément, le footballeur n'était pas connu lorsque mon fils est né... Alors que Kylian Mbappé brille cette saison avec le PSG, un homonyme tente d'exister dans l'ombre du champion du monde.
That's because the Cardinals led by 23 points with 9 minutes, 5 seconds to play, but ended up losing 71-69. The Blue Devils were down 59-36 with 9:13 left in the game and stormed back by closing on a 35-10 run.
Amazon has also invested in self-driving auto startup Aurora Innovation Inc, in a $530 million funding round announced last week. Negotiations are reportedly still taking place, but the sources claim we may hear an official announcement some time this month.
That year she travelled to Iran to attend an anti-America conference sponsored by the New Horizon Organization. They declined to say to what extent these disclosures compromised USA intelligence operations targeting Iran.
Flacco, 34, is a former Super Bowl MVP, but he's largely underwhelmed since Baltimore's championship season in 2012. A year ago he threw for 12 touchdowns and six interceptions, completing 61 percent of his passes, in nine games.
NASCAR Officials To Get Tough On Cheaters
The program will run at consecutive races at Texas Motor Speedway , Iowa Speedway and Gateway Motorsports Park in July. Qualifying at superspeedways (Daytona and Talladega) will remain two untimed rounds of single-lap qualifying.
Richard Gere welcomes son with wife Alejandra Silva
Gere has a 19-year-old son from his marriage to Carey Lowell and Silva has a son with her ex-husband, Govind Friedland. Gere and Silva married previous year after dating since 2015, shortly after she finalised her divorce.
Mercedes reveal their 2019 challenger
Hamilton added: "This is my seventh year with the team and the energy and the determination within the team are really inspiring". Ex-Force India racer Esteban Ocon will act as back-up to the pair after missing out on a 2019 race seat.