Elizabeth Warren’s Wealth Tax Has Caught The Eye Of Bill Gates

Noah Gehris

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Recently, billionaire investor and author, Bill Gates, shared his opinions on democratic presidential candidate, Elizabeth Warren, and her wealth tax ideas; which include raising top wealth-tax up to 6% instead of 3%. Gates in a tweet discussed his thoughts on the topic where he disagreed with Warren’s thoughts but said they could be increased. 

 “I’ve paid over $10 billion in taxes, I’ve paid more than anyone in taxes…If I’d had to have paid $20 billion in taxes – fine. But, when you say I should pay $100 billion, okay I’m starting to do a little math about what I have leftover.”

Since the statement was released, Warren in a tweet said she would like to meet up with Gates to discuss her what her plans were for wealth tax, “I‘m always happy to meet with people, even if we have different views. Bill Gates, if we get the chance, I’d love to explain exactly how much you’d pay under my wealth tax. (I promise it’s not $100 billion.)” Warren posted this tweet on the same day that Gates responded, which was on November 6th.

Although Gates shared his opinion on wealth tax, he denied talking about political declarations, “I’m not going to make political declarations but I do think no matter what policy somebody has in mind, a professional approach is even.” 

Gates also talked about how he wanted the more professional candidate is electable, “I’d love somebody to find a middle-ground approach because the government’s role in health care and better education — the government does need more resources than it has today.”

As of November 4th, Warren is trailing both Biden and Trump which leaves her in a difficult spot. Although she is at a tough spot she has taken a better chance at gaining Iowa and New Hampshire then Biden. As of November 6th, RealClearPolitics released a statement saying,  “Warren was averaging 21.4 percent in national polls. That’s good for a solid second place, but it’s still comfortably behind Biden, who was at 28.6 percent.” Warren’s 21.4 percent is an extraordinary amount for right now but she is still not the front runner for president.