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Billionaires Fighting Back Over Warren's Proposals

Bill Gates is the latest to cry foul
By John Johnson,  Newser Staff
Posted Nov 7, 2019 9:50 AM CST
Bill Gates speaks during the Global Fund to Fight AIDS event at the Lyon's congress hall, central France, Thursday, Oct. 10, 2019.   (Ludovic Marin/Pool Photo via AP)
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(Newser) – Elizabeth Warren has been taking heat over her progressive policy ideas, not just from President Trump but from Democratic rivals who favor a more moderate approach. Now you can add Bill Gates to her list of critics. At a forum Wednesday, Gates didn't sound thrilled about Warren's idea to increase taxes on billionaires, and his criticism caught her attention. The details:

  • What he said: "I've paid over $10 billion in taxes," Gates said at the New York Times DealBook conference, per the Guardian. "If I had to pay $20 billion, it's fine. But when you say I should pay $100 billion, then I'm starting to do a little math over what I have left over." He eventually added, "Sorry, I'm just kidding."
  • Her response: "I'm always happy to meet with people, even if we have different views," she tweeted. Referencing Gates, she wrote, "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.)"

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