English, asked by qaismd31, 2 months ago

what is said in the extract about the billionaire's stomach and hands?​

Answers

Answered by careenlyngdoh4
0

Explanation:

There's no free lunch here. You'd have to collect more money," Microsoft co-founder Bill Gates told CNN's Fareed Zakaria in February, about raising taxes. "As you go about doing this additional collection, of course you want to be progressive. You want the portion that comes from the top 1% or top 20% to be much higher," Gates said.

Even as he supports higher taxes, Gates believes in the fundamentals of capitalism: "You have market-based pricing. You let people create new companies very easily," Gates told Zakaria. "If you think there's a lot of competition someplace, you come in and intervene on that."

That system should not be overturned, he said.

Similar questions