I think they are confusing a wealth tax with fair taxation.
The shown numbers seem to roughly correspond with what would be owed if they had paid fair capital gains tax over the past years. In other words, if all the tax loopholes were closed.
Bill Gates just didn’t have nearly the same amount of capital gains over the past few years compared to Elon and Jeff.
A wealth tax would tax then proportionally similar, so Jeff wouldn’t be paying 10x the tax that Bill G would pay.
Came here to see the discussion on this. My only assumption is he’s been paying more taxes than others. He’s been one of the few in favor of taxing the rich more.
Why is Bill Gates paying a smaller proportional share than the other two?
Has he been paying taxes already?
That also seemed odd to me.
I think they are confusing a wealth tax with fair taxation.
The shown numbers seem to roughly correspond with what would be owed if they had paid fair capital gains tax over the past years. In other words, if all the tax loopholes were closed.
Bill Gates just didn’t have nearly the same amount of capital gains over the past few years compared to Elon and Jeff.
A wealth tax would tax then proportionally similar, so Jeff wouldn’t be paying 10x the tax that Bill G would pay.
He’s not taking full advantage of Trump’s tax system, and has been speaking out against it.
Came here to see the discussion on this. My only assumption is he’s been paying more taxes than others. He’s been one of the few in favor of taxing the rich more.
He’s not ceo of MS anymore
It’s a wealth tax, not an income tax. According to these numbers his wealth is comparable to the other two, so why is his bill over 10x smaller?
Probably something to do with charity or donations.
That I can’t explain then
Bezos isn’t CEO of Amazon. He’s still paying lots more.