Microsoft founder and global philanthropist Bill Gates threw more cold-water on Rep. Alexandria Ocasio-Cortez’ 70% tax proposal this week; saying the liberal lawmaker was “missing the picture” by imposing stiff taxes on wealthy Americans.
Gates was speaking with technology-focused podcast The Verge when he was asked to weigh-in on the Democrats’ recent push to impose a 70% to 90% tax rate on high-income earners.
“Certainly, the idea of government being more effective in terms of how it runs education or social programs, there’s a lot of opportunity for improvement there,” said Gates.
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