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Discussion and Debate
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Bill Gates: I don't pay enough tax!
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<blockquote data-quote="mindlight" data-source="post: 59886501" data-attributes="member: 21246"><p>Welcome back Scottish John. We have missed your insight and debating experience since the election. I know that election caused some questions for you and I see that the Lib Dem icon has disappeared from your profile. Are you SNP now? </p><p> </p><p></p><p> </p><p>In the context of the USA , where taxes are overall much lower, what you say makes some sense and the real social needs in the USA can be addressed with a more positive approach to tax and to organised charitable endeavours. Bill Gates is an admirable model in this respect. He both understands that the rate of tax paid by Americas wealthy is on an international level quite low and raises serious social justice issues in the US and also that there are things that wealthy individuals can do to change the world for the better for all mankind. In the UK I think things have become more polarised and we may be on opposite sides of the fence there as I think tax and big government have become the problem rather than the answer to much at all.</p><p> </p><p></p><p> </p><p>I think it is a serious issue that people like Bill Gates tend to emerge in an entrepreneurially friendly and free society like the USA rather than in more socialist Europe. I would trust a public sector department run by the man as much as his tropical disease foundation although I tend to think he has more freedom to do good without being under governments yoke and he has organised the response to dealing with tropical diseases in a highly efficient manner.</p><p> </p><p>I believe the guy gave about 20 million to the trust funds of each of his kids and that they are unlikely to inherit his billions which are more likely to go to his charitable trust funds and continue the work he has started long after he has gone. He's right noone really needs more than about 20 million unless they have a big mission and dream to fulfil for the greater good like Gates does.</p></blockquote><p></p>
[QUOTE="mindlight, post: 59886501, member: 21246"] Welcome back Scottish John. We have missed your insight and debating experience since the election. I know that election caused some questions for you and I see that the Lib Dem icon has disappeared from your profile. Are you SNP now? In the context of the USA , where taxes are overall much lower, what you say makes some sense and the real social needs in the USA can be addressed with a more positive approach to tax and to organised charitable endeavours. Bill Gates is an admirable model in this respect. He both understands that the rate of tax paid by Americas wealthy is on an international level quite low and raises serious social justice issues in the US and also that there are things that wealthy individuals can do to change the world for the better for all mankind. In the UK I think things have become more polarised and we may be on opposite sides of the fence there as I think tax and big government have become the problem rather than the answer to much at all. I think it is a serious issue that people like Bill Gates tend to emerge in an entrepreneurially friendly and free society like the USA rather than in more socialist Europe. I would trust a public sector department run by the man as much as his tropical disease foundation although I tend to think he has more freedom to do good without being under governments yoke and he has organised the response to dealing with tropical diseases in a highly efficient manner. I believe the guy gave about 20 million to the trust funds of each of his kids and that they are unlikely to inherit his billions which are more likely to go to his charitable trust funds and continue the work he has started long after he has gone. He's right noone really needs more than about 20 million unless they have a big mission and dream to fulfil for the greater good like Gates does. [/QUOTE]
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