Tag: billionaires
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Billionaires do NOT pay an overall tax rate lower than the bottom 50%.
Two months ago, the New York Times uncritically ran an article claiming billionaires pay lower tax rates than the bottom half of American earners. (I see this and related pieces circulated by my progressive friends.) The unsubstantiated and yet-to-be-reviewed data came from economists Emmanuel Saez and Gabriel Zucman, a tease to promote their soon-to-be-released book.…
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Billionaires Bill Gates, Warren Buffett want other billionaires to donate more to charity
Christian Science Monitor: Billionaires Bill Gates, Warren Buffett want other billionaires to donate more to charity Billionaires Bill Gates and Warren Buffett want other American billionaires to give at least half their wealth to charity. Microsoft Corp. co-founder Bill Gates and billionaire investor Warren Buffett are launching a campaign to get other American billionaires to…