Alexandria Ocasio-Cortez says she's fine with a sitting president smoking marijuana

Lloyd Doyle
February 15, 2019

"I believe USA tax rates can be more progressive", Gates said.

Bill Gates, co-founder of Microsoft, has criticized the tax policies put forward by Rep. Alexandria Ocasio-Cortez (D-NY), saying that they miss the big picture and could lead to tax-dodging. Currently, US residents in that top bracket pay 37%. In an interview in The Verge, Gates said such an approach is "a misfocus". "But we can be more progressive without really threatening income generation - what you have left to decide how to spread around". "It has come through timing, luck, and through people I worked with".

Gates, who held the title of the richest man on Earth on and off for decades before Amazon CEO Jeff Bezos unseated him a year ago, also ripped the increasingly popular modern monetary theory. In terms of hair and makeup, Ocasio-Cortez had her hair wrapped an uncomplicated bun and has even revealed she wears a brand of red lipstick that costs $22. It dictates that governments should not be concerned about deficits because they control the printing of their own currency.

Gates believes that there would be more benefit if Congress concentrated more on "Social Security, a capital tax and estate taxes" for revenue collection. "The people you owe the money to, you will have a problem".

"That's fine with me".

Gates, who is worth an estimated $96.8 billion, also said he does not "deserve" his fortune. He has also given away tens of billions of dollars to charities addressing the AIDS crisis, poverty, sanitisation and medical research.

Thankfully, Alexandria Ocasio-Cortez engaged in a lightning-round series of questions during a House committee in a since-viral video, showing us, plain and simple, that it's entirely legal for members of the government to be "80s-style greedy villains under USA law".

Gates, in an interview with The Verge, didn't mention Ocasio-Cortez or her well-publicized tax proposal directly by name, but his focus was clear.

Other reports by Iphone Fresh

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