Tag Archives: Warren Buffett
The Gates Foundation: Philanthropy Cloaked Abortion
When William “Bill” Henry Gates III was born to William Henry Gates II and Mary Maxwell Gates, in Seattle in 1955, little did they know he would grow up to be (reportedly) the world’s wealthiest man.
Bill III and Paul Allen co-founded Microsoft on April 4, 1975, and grew the fledgling company into an $85 billion multi-national computer software business. Bill transitioned from CEO to CSA (Chief Software Architect) in 2000, the year he and wife, Melinda, established the Bill & Melinda Gates Foundation (BMGF). Then in 2006 Bill backed off, becoming part-time at Microsoft and full-time at …
Are the Mega-Rich Really Taxed Less Than Secretaries?
By Brittany Smith, World Magazine
President Barack Obama makes it sound as if there are millionaires all over America paying taxes at lower rates than their secretaries. “Middle-class families shouldn’t pay higher taxes than millionaires and billionaires,” the president said Sept. 19.
The data tell a different story, though. On average, the wealthiest people in America pay a lot more taxes than the middle class or the poor, according to private and government research. The wealthy pay at a higher rate, and as a group they contribute a much larger share of the overall taxes collected by the federal government.…
