Bill Gates Calls for Higher Taxes on the Rich

Microsoft co-founder Bill Gates, the second richest person in the world, says people like him should be paying higher taxes.In a year-end blog post, Gates applauds the ongoing debate over America’s tax system, calling it one of the most important happening in our country right now. “It isn’t always popular to stand up for higher taxes, so it’s great that many Americans are having this conversation,” he writes.Gates says that he’s “been pushing for a fairer tax system for years.” He notes that there’s a persistent imbalance between the government’s spending and its revenue collection: “the U.S. government simply does …read more

Source:: Yahoo Finance

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