Bill Gates...

WVPATX

Freshman
Jan 27, 2005
28,197
91
38
Well I guess his thought process is, the fewer the workers, the fewer those paying payroll taxes.

Libs have never seen anything they don't like to tax.

Hey, I've got an idea. Billionaire libs like Gates and Buffet think we are undertaxed. I propose that when a billionaire lib passes, we raise their estate tax to 90%. Think of all the money we could raise. And they'd be happy, right? More taxes. More money for government.
 

roadtrasheer

Junior
Sep 9, 2016
16,710
389
83
They give it all to a tax free charity .......that only 2% goes to the charitable works ....I personally believe that the only time a charity should be tax free is if 65% goes to the charitable cause ...
 

roadtrasheer

Junior
Sep 9, 2016
16,710
389
83
I sorta like the idea ...companies are making profit from the labor & since automation is killing individual taxable income to the government & local & states need the money for the welfare for the people that the bots replaced .....I don't know .....above my pay grade
 

WVPATX

Freshman
Jan 27, 2005
28,197
91
38
They give it all to a tax free charity .......that only 2% goes to the charitable works ....I personally believe that the only time a charity should be tax free is if 65% goes to the charitable cause ...

Here is how hypocritical they are. They set up this huge charity. Donating billions. Why, because they feel they know best how to distribute their money. They pick their own causes, their own charities.

They could simply give it to the government and let them redistribute it. Who don't they do this? Because they know they will make better decisions than government and will use that money much more efficiently.
 

Airport

All-Conference
Dec 12, 2001
81,855
1,991
113
They give it all to a tax free charity .......that only 2% goes to the charitable works ....I personally believe that the only time a charity should be tax free is if 65% goes to the charitable cause ...

Should be 90% to charity.
 

Airport

All-Conference
Dec 12, 2001
81,855
1,991
113
Well I guess his thought process is, the fewer the workers, the fewer those paying payroll taxes.

Do you think he would be on favor of taxing smarter people vs dumber ones? Taxing thought vs day dreaming/
 

op2

Senior
Mar 16, 2014
11,168
530
103
Here is how hypocritical they are. They set up this huge charity. Donating billions. Why, because they feel they know best how to distribute their money. They pick their own causes, their own charities.

They could simply give it to the government and let them redistribute it. Who don't they do this? Because they know they will make better decisions than government and will use that money much more efficiently.

And how exactly does that make them hypocritical? If you can hate on Bill Gates and Warren Buffett then you can hate on anybody. Billionaires that don't come off as full of themselves and that give a bunch of money away. What jerks!

Elon Musk and others suggest a universal basic income. Bill Gates suggests taxing robots. You dislike it all. So what do you suggest? Because we are in the beginning stages of a tremendous amount of jobs currently performed by humans turning into automation. At least they're suggesting something. What do you suggest? Do nothing?
 

wvu2007

Senior
Jan 2, 2013
21,220
457
0
With very little information supporting my opinion on this matter I would also support this. If a machine replaces a human being then I would support a tax on the company. Not necessarily saying a tax increase but a tax on the company equal to what a human employee would provide.
 

roadtrasheer

Junior
Sep 9, 2016
16,710
389
83
With very little information supporting my opinion on this matter I would also support this. If a machine replaces a human being then I would support a tax on the company. Not necessarily saying a tax increase but a tax on the company equal to what a human employee would provide.
That's what I was thinking .....I'm all for lowering taxes & spending in general, but we have to fund our country somehow & unless the government starts making money......then tax the bots
 

WVPATX

Freshman
Jan 27, 2005
28,197
91
38
And how exactly does that make them hypocritical? If you can hate on Bill Gates and Warren Buffett then you can hate on anybody. Billionaires that don't come off as full of themselves and that give a bunch of money away. What jerks!

Elon Musk and others suggest a universal basic income. Bill Gates suggests taxing robots. You dislike it all. So what do you suggest? Because we are in the beginning stages of a tremendous amount of jobs currently performed by humans turning into automation. At least they're suggesting something. What do you suggest? Do nothing?

I'll tell you OP. They want higher taxes meaning they want Americans to send the government more of their money. Why doesn't Bill and Warren trust the government and send them this charitable money? Because they believe they know better than the government how to use that money. That makes them hypocritical.

Libs hate the Koch's, right? And they give away tons and tons of money. But they don't want to raise everyone's taxes. So they are not hypocrites.

The government must live within its means. I know that is foreign to a liberal. After all, Obama rang up more debt than all prior presidents combined. Americans have to live within our means, why not the government?
 

op2

Senior
Mar 16, 2014
11,168
530
103
I'll tell you OP. They want higher taxes meaning they want Americans to send the government more of their money. Why doesn't Bill and Warren trust the government and send them this charitable money? Because they believe they know better than the government how to use that money. That makes them hypocritical.

Libs hate the Koch's, right? And they give away tons and tons of money. But they don't want to raise everyone's taxes. So they are not hypocrites.

The government must live within its means. I know that is foreign to a liberal. After all, Obama rang up more debt than all prior presidents combined. Americans have to live within our means, why not the government?

You didn't answer the question. What is your solution? Bill Gates isn't saying to tax the robots just because he likes taxes. He's doing to it to address a problem that's only going to grow. It has to be addressed somehow. Just saying "Don't tax" is akin to sticking your head in the sand.
 

WVPATX

Freshman
Jan 27, 2005
28,197
91
38
You didn't answer the question. What is your solution? Bill Gates isn't saying to tax the robots just because he likes taxes. He's doing to it to address a problem that's only going to grow. It has to be addressed somehow. Just saying "Don't tax" is akin to sticking your head in the sand.

Answer is simple, encourage business in the US rather than making it the enemy as Obama did. Lower individual taxes, lower corporate taxes, lower federal regulations, and engage in meaningful tort reform and repatriate overseas profits. Go all out to become energy independent. This will attract an enormous increase in the flow of capital into the US from overseas as well as tremendous capital brought back from Europe as part of repatriation. Change immigration policy so that we bring in the best, the brightest, the entrepreneurs and those with capital. Go back to GDP growth, like we experienced during the Reagan years.