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Nov 8 - Bill Gates Is Worried Abt Living on $7 Billion. Millennials Have Some Thoughts


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 4 days ago '06        #1
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RAZAH CUTS  topics gone triple plat - Number 1 spot x11
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Nov 8 - Bill Gates Is Worried Abt Living on $7 Billion. Millennials Have Some Thoughts
 

 
The second-wealthiest man in the world declined to say if he'd vote for Sen. Elizabeth Warren, given her plan to tax billionaires.

It was the dodge that launched a thousand memes.

Bill Gates, the second-wealthiest man in the world with an estimated net worth of $107 billion, declined to say Wednesday whether he’d vote for Sen. Elizabeth Warren (D-Mass.) for president, given her proposed plan to tax billionaires at a rate of 6 percent.

And after a glib comment that he’d have to “do a little math” about what his net worth would be in a world post-Warren, the under-45 crowd had a few choice words for the 64-year-old Microsoft co-founder.

Chiefly: OK, boomer.

visit this link https://twitter.com/riklo .. 62562010550273


“I'm not Bill Gates, so his math is probably better than mine, but he's worth 106 billion dollars, so if you took away 100 billion, it seems like that would leave him with SIX fu*kING BILLION DOLLARS,” Carter Bays, the producer and screenwriter, tweeted.

“Congratulations to all the journalists who propped up Bill Gates for years without asking hard questions about his beliefs or his philanthropy,” said Michael Hobbes, the reporter who has written extensively about how the Gates Foundation’s philanthropic efforts have negatively affected education programs.




On Twitter, people started re-circulating Tik Tok videos of young people trying to spend Gates’ wealth on his behalf. Spoiler alert: He could own every NFL team and still be a multi-billionaire.


The responses — some earnest, some dripping in irony — highlighted the cultural rift between the baby boomer generation and its younger counterparts.

And if there is a culture war, the phrase “ok boomer” has become its de facto rallying cry, a way to dismiss the more conservative politics that older generations represent.

Politics like, for example, not taxing the ultra-wealthy to fund social services.

“If I had to pay $20 billion, it’s fine,” Gates said on Wednesday during a financial conference hosted by the New York Times. “But when you say I should pay $100 billion, then I’m starting to do a little math about what I have left over.”

He also declined to say who he’d cast his vote for given the choice between Trump and Warren. “I hope the more professional candidate is the electable candidate,” he said.

(To be clear, Warren’s proposal would not tax Gates’ wealth at a rate of over 90 percent, as Gates suggested; it would be six percent for people worth more than $1 billion. Warren has said the revenue from that tax would fund healthcare for the entire country.)

Even Tom Steyer, the 62-year-old billionaire funding his own race for the presidency, weighed in.

“@BillGates, a wealth tax is the right thing to do,” he tweeted Wednesday night. “Don’t panic — you’ll be alright.”

But Gates is far from the only billionaire to bemoan Warren’s plan.

Financier Leon Cooperman publicly sparred with Warren last week after writing in a letter that she treats wealthy people like “an ungrateful child.”

“Warren’s tax could cut roughly in half the fortunes of the very wealthy over its first 10 years. The aggressiveness of her plan should not be understated,” Michael Strain, an economist at the conservative think tank American Enterprise Institute, tweeted this week.

He later told Vox in an interview: “No group of Americans should be treated as a tool to raise the welfare of the rest of society.”



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 4 days ago '10        #2
t from the 617 
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it really is crazy though. some of these dudes could have profoundly positive impacts on the world, and still have enough left over to remain obscenely wealthy, they simply choose not to.
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Top 10 most propped recently  4 days ago '17        #3
TheLastNonEarth 
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Tough call. I know, Bill gates could singlehandedly house all the homeless in America...



With that said.

1. Capitalism is like a casino. Most people will lose but everybody needs to feel like they have a shot at limitless riches in order for the game to continue.



2. Bill gates took a helluva entrepreneur's risk by dropping out of Harvard to start Microsoft. Likewise, Jeff Beezos started Amazon out of his garage for less money than his current job and at a risk of losing it all.



They deserve it. Amazon & Microsoft have facilitated in the making of so many more millionaires, and have helped feed thousands.

Normally, you get rich by enriching others.
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 4 days ago '17        #4
Johnnytusanmi  topics gone triple plat - Number 1 spot x1
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Broke n*ggas

I think Billionaires should be fairly taxed however I dont think taxing billionaires into Oblivion is the answer. They should be forced through their companies to add back to economy through jobs and infastructre developments. That way the money is constantly flowing and not just sitting in increasing stock prices. Like if you're company makes X amount you need to be able to provide to X amount of jobs or put X amount of money in city and states development.
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 4 days ago '14        #5
Swade009  topics gone triple plat - Number 1 spot x1
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Bill Gates can literally end world hunger by himself, that should tell you how stupid Capitalism is.
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 4 days ago '14        #6
Swade009  topics gone triple plat - Number 1 spot x1
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 TheLastNonEarth said
Tough call. I know, Bill gates could singlehandedly house all the homeless in America...



With that said.

1. Capitalism is like a casino. Most people will lose but everybody needs to feel like they have a shot at limitless riches in order for the game to continue.



2. Bill gates took a helluva entrepreneur's risk by dropping out of Harvard to start Microsoft. Likewise, Jeff Beezos started Amazon out of his garage for less money than his current job and at a risk of losing it all.



They deserve it. Amazon & Microsoft have facilitated in the making of so many more millionaires, and have helped feed thousands.

Normally, you get rich by enriching others.
They dont deserve Billions..... They manipulated alot of workers who helped evolve their companies. They didnt invent anything by themselves the government created the PC, the Government built most of the major components in the iPhone (I know that's Steve Jobs). What did Bezos really create???? Some code and a market place used to destroy small businesses....

No one earns a billion dollars....
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 4 days ago '11        #7
Pakchoy 
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I think people are misunderstanding Gates. He is already donating half his money when he dies. His issue is losing 100 bill and it literally does nothing.
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Top 10 most propped recently  4 days ago '18        #8
SFamilyRep 
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fu*k a Bill Gates.....#BernieSanders2020 & if not him #ElizabethWarren2020

We’re coming for our share
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Top 10 most propped recently  4 days ago '18        #9
SFamilyRep 
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 Pakchoy said
I think people are misunderstanding Gates. He is already donating half his money when he dies. His issue is losing 100 bill and it literally does nothing.
And when will he die? 20 years from now?? People need economic relief NOW! Not when a billionaire decides its time to leave the earth
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Top 10 most propped recently  4 days ago '18        #10
SFamilyRep 
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 Pakchoy said
I think people are misunderstanding Gates. He is already donating half his money when he dies. His issue is losing 100 bill and it literally does nothing.
What are you talking about? He’s not gonna be losing 100 billion.

What you nigggas fail to realize is that the billionaires make billions upon billions per year. They’ll be fine


Last edited by SFamilyRep; 11-08-2019 at 04:08 PM..
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 4 days ago '04        #11
Tastemaker331 
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 t from the 617 said
it really is crazy though. some of these dudes could have profoundly positive impacts on the world, and still have enough left over to remain obscenely wealthy, they simply choose not to.
So what?
Average people could easily donate clothes, give food to the homeless or give extra change to people in need. They simply choose not to

The more you focus on others money, the less you make for yourself. That’s a fact
Stop worrying about people who aren’t worried about you
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 4 days ago '10        #12
t from the 617 
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 Tastemaker331 said
So what?
Average people could easily donate clothes, give food to the homeless or give extra change to people in need. They simply choose not to

The more you focus on others money, the less you make for yourself. That’s a fact
Stop worrying about people who aren’t worried about you
Idk man that comparison is off. You’re talking about donating clothes or similar sh*t that will def help a couple people, and average people do it all the time

I’m talking about ending world hunger or homelessness in America, helping humanity on a much larger scale than donating an old coat and couple cans of soup.

And if nobody worried about anybody else there would be far much more injustice in the world. Some people are more in position to make a difference than others. No offense but this is a pretty shallow take.
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 4 days ago '11        #13
Anti 
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106 billy. Thank god gates is humble cause I would fu*k Up so much sh*t probably end up with a terrible addiction and OD before 30
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 4 days ago '04        #14
realkilla3 
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bill and all these other billionaires will be fine after four years of getting taxed like normal people instead of getting the good old boy discount.

crazy that he could buy all the NFL teams and still have money left...that's not rich that's extreme wealth...the type of sh*t you could buy whole countries with.
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Top 10 most propped recently  4 days ago '17        #15
TheLastNonEarth 
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 Swade009 said
They dont deserve Billions..... They manipulated alot of workers who helped evolve their companies. They didnt invent anything by themselves the government created the PC, the Government built most of the major components in the iPhone (I know that's Steve Jobs). What did Bezos really create???? Some code and a market place used to destroy small businesses....

No one earns a billion dollars....

You only deserve billions if you invent something?
That's your logic?

I disagree.
Marketing is truly the final frontier. There's millions of restaurants but there's only 1 McDonald's. They didnt invent burgers & their food quality certainly didn't make them the #1 chain on the planet.

As to my other point, Amazon had 20,000 sellers with one million in sales in 2017. I don't even know if you can calculate how many businesses were able to conduct business or even increase profits with the use of Microsoft software such as windows.

As far as what Microsoft stole, by all means show me links to what you're referring to.
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 4 days ago '17        #16
lucifershammer 
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I wouldn't vote for anyone who would take money out of my pocket either
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 4 days ago '04        #17
Tastemaker331 
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 t from the 617 said
Idk man that comparison is off. You’re talking about donating clothes or similar sh*t that will def help a couple people, and average people do it all the time

I’m talking about ending world hunger or homelessness in America, helping humanity on a much larger scale than donating an old coat and couple cans of soup.

And if nobody worried about anybody else there would be far much more injustice in the world. Some people are more in position to make a difference than others. No offense but this is a pretty shallow take.
The comparison is actually pretty good when you think in terms of scale
But the fact is, you're talking about a civilian solving problems that your local government should
It sounds fu*king retarded.

As it stands the government has enough money to cure whatever ailments you guys are complaining about. But they don't. Common sense would tell you that with more tax money, nothing would change

You just want to see someone with more than you, get "brought back down to earth". sh*t is weird
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 4 days ago '15        #18
Mystic  topics gone triple plat - Number 1 spot x6
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 Swade009 said
Bill Gates can literally end world hunger by himself, that should tell you how stupid Capitalism is.
his money
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 4 days ago '13        #19
jjwms33 
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 Swade009 said
Bill Gates can literally end world hunger by himself, that should tell you how stupid Capitalism is.
No he can not. 100 billion dollars divided by a billion is 100.00. He has enough money to give a billion people 100 dollars. Do I think world hunger can be solved if people come together? Yes, but one person will not be able to solve on his own. Technology and people coming together will take care of starvation. I know a microsoft product or two will be involved as well. Excel, powerpoint, outlook, word...
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 4 days ago '13        #20
jjwms33 
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 SFamilyRep said
fu*k a Bill Gates.....#BernieSanders2020 & if not him #ElizabethWarren2020

We’re coming for our share
Funny...but ignorant
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 4 days ago '13        #21
jjwms33 
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 t from the 617 said
Idk man that comparison is off. You’re talking about donating clothes or similar sh*t that will def help a couple people, and average people do it all the time

I’m talking about ending world hunger or homelessness in America, helping humanity on a much larger scale than donating an old coat and couple cans of soup.

And if nobody worried about anybody else there would be far much more injustice in the world. Some people are more in position to make a difference than others. No offense but this is a pretty shallow take.
U have a brain and a heart tho. If this is what u really want so bad come up with away to make some money or create technology. I dnt like the idea of sitting back complaining while trying to force another person to take care of the world with what he has gained. Should he be helping the world more? yes. I think everyone should be helping the world more but this is my opinion. I dnt have the right to tell him what to do with is money just like he cant tell me what to do with mine.
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 4 days ago '13        #22
jjwms33 
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 SFamilyRep said
And when will he die? 20 years from now?? People need economic relief NOW! Not when a billionaire decides its time to leave the earth
U begging?

 4 days ago '16        #23
postemupndunkit 
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Cracks in the foundation starting to show

Capitalism isn’t good for anyone
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 3 days ago '17        #24
HuckMoe 
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What he eat dont make you sh*t
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Top 10 most propped recently  3 days ago '18        #25
SFamilyRep 
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 jjwms33 said
Funny...but ignorant
How so? Expound please



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