Sideways.
Another freeper (who I don’t remember) coined the perfect word - Democrite
How about if Bill Gates and Melinda use H & R Block rather than teams of the best CPA’s in the country?
” People pay taxes as an obligation of law and citizenship, not out of charity”
Which just proves the adage that taxation is theft.
Also that Bill Gates is clueless about what it means to be a citizen or how a republican form of government works - where the people stay involved in the government and have near direct impact on how the tax dollars are spent and appropriated.
What Gates, the Democrite, wants here is his socialist utopia for the poor while he gets his privatized riches and, of course, he won’t spend one more dime than he’s legally required to to see his dreams fulfilled - he wants YOU to pay for his largesse.
The 1 percent can barely afford to live in NYC.
People confuse the 1 percent with the .01% in their rhetoric.
Doesn’t everybody equally deserve a 66,0000 sq. ft. house?
The likes of Bill Gates and Warren Buffett pay lip-service to paying higher taxes because they know they probably never will, but more importantly, they know they are the main beneficiaries of scores of statist and progressive programs and particularly, printed, fiat money from the Federal Reserve at historically low interest rates.
The Gates foundation trust was setup to avoid both CapGains and estate taxes. Most of Gates’ wealth is from his stock in MS. He has moved some of it (and plans to move it all) into his non-taxable charitable trust. Doing that avoids having to sell, where he would pay taxes. Moving it while alive means his estate will not have that massive sum exposed as taxable. Warren Buffet is doing the same.
The uber rich couldn’t care less about taxes....they welcome stomping out potential up and comers with strangulating government.
DDBG
Gates should donate the Blue Screen of Death to the Pentagon for use on Iran.
"F" in "hypocrite" for the benefit of those in Sinsheim.
Hypocrite.
Gates motto is More Taxes for thee but none for me.
How about instead we heavily tax intellectual property—especially software patents. Shorten the software patent protection to 5 years and require the source code to be open-sourced after that.
Asks for? ASKS FOR?!
Stopped reading right there.
Gates: “... People pay taxes as an obligation of law and citizenship, not out of charity.”
LOL! What a clueless dufus.
No little Billy, in this country people pay taxes by way of indirect taxation for a public good and for government to carry out certain administrative functions in order to deliver said public good that all will benefit from and not for the special interests of others. For the first century of our republic it was working as designed until the direct tax scheme was illegally implemented/collected. There are no compelled “citizenship taxes” that are an obligation of law. There are only (illegally imposed)direct taxes on labor and direct taxes on profits(aka: 16th amendment) that the IRS gestapo (compels)extorts/steals from you so they can grow government, dependency, piss away on the welfare state, waste and entitlements.
I have one question for you little billy... why is it WE must balance our budgets and learn to live on less but the government never has to?
The Laffer curve is an analog response. At every point of increasing taxes there are more and more people dropping out or becoming more selective on their use of time. It's not like all entrepreneurs will work full speed until taxes hit 71% and then quit simultaneously.
“The answer is that simply leaving it up to people to give more than the government asks for is not a scalable solution. People pay taxes as an obligation of law and citizenship, not out of charity. Additional voluntary giving will never raise enough money for everything the government needs to do.”
I thought he was a logical man. Maybe he is, but thinks we’re not. Is he saying that his money has no value to the government if it’s given voluntarily, and not coerced? Can’t be that. Is he saying that his money has no value to the government because it’s not enough? Can’t be that either.
Perhaps he means that he has better uses for his money than the government does, but the rest of us do not.
There should be a fixed way for taxing everyone. Say an 8% flat income tax and a 5% sales tax. And no government borrowing. Only deduction: charitable donations.