Bill Gates Is Willing to Pay $20 Billion in Taxes, but Still Has Concerns About Warren’s Plan

Microsoft co-founder Bill Gates waded deep into the hotly debated topic of taxing the wealthy to redistribute money to the have-nots—a contentious issue on which Sen. Elizabeth Warren has been at the forefront in her bid to become the 2020 Democratic presidential nominee.

Speaking at the New York Times DealBook Conference on Wednesday, Gates, who boasts a net worth of $106.8 billion, according to Forbes (making him the second wealthiest man in the world behind Amazon’s Jeff Bezos) said he’s happy to pay his share of taxes but expressed consternation that Warren’s proposals might go too far for many deep-pocketed Americans worried about those taxes eroding their fortunes:

” ‘I’ve paid over $10 billion in taxes. … I’ve paid more than anyone in taxes, but I’m glad to—if I’d 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 about what I have left over…I’m just kidding.’ ”

Source: Barron’s

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