Bill Gates Criticizes Warren's Wealth Tax Plan

Bill Gates

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Mr Gates said his firm was three months too late to make its mobile software available for an unspecified Motorola device at the time of the lawsuit. "You know, I'm not sure how open-minded she is", the billionaire philanthropist continued.

Bill Gates, second most wealthy man in the world, with a total net worth of $109 B, according to the Bloomberg Billionaires Index, does not quite agree with Warren.

During the interview with New York Times columnist Andrew Ross Sorkin, he said "now nobody here has ever heard of Windows Mobile".

He also refused to say whether he would vote for Warren, should she win the Democratic presidential primary, or if he favors President Trump in the 2020 presidential election. Elizabeth Warren (D-Mass.) speaks to guests during a campaign stop at Hempstead High School in Dubuque, Iowa, on Nov.02, 2019.

"I'm always happy to meet with people, even if we have different views", Warren tweeted on Wednesday.

He responded to her on Twitter as well. While the US tax system is supposed to be progressive, meaning that wealthier households pay a larger share of their income in taxes than the middle class and the poor, America's 400 richest families now pay a lower tax rate than people in the middle class, according to recent research from two prominent economists, Emmanuel Saez and Gabriel Zucman of the University of California at Berkeley.

"The system is working great for the wealthy and well-connected, and Jamie Dimon doesn't want that to change. (I promise it's not $100 billion)", she said.

He noted "I didn't think Microsoft should be broken up, I argued against it, and I wouldn't wish that on anyone".

According to NetMarketShare, Android now dominates the operating system landscape with 69.72% of the market share, while Apple's iOS has 29.16%. (New York State Division of Criminal Justice Services/Handout via Reuters) Bill and Melinda Gates talk to reporters in New York on February 22, 2016.

Salesforce CEO Marc Benioff recently said "capitalism, as we know it, is dead" and called for a new version that focuses more on societal good. She said the money raised from this new tax would be used to fund her healthcare plan, which is expected to cost the federal government $20.5tn over 10 years.

Jeffrey Sonnenfeld, a Yale School of Management professor, cautioned that Warren should avoid scapegoating the rich.

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