I think it’s a rule that all rich people have to have their “let them eat cake” moment before they’re trundled away to the guillotine. Here’s Bill Gates’ moment.
Speaking at a forum in New York with New York Times writer Andrew Ross Sorkin, Microsoft founder Bill Gates came off as far from enthusiastic about Warren 2020. Speaking about the wealth tax, Gates said there’s a limit to what he would be willing to pay.
“If I had to pay $20 billion, it’s fine,” Gates said. “But when you say I should pay $100 billion, then I’m starting to do a little math about what I have left over.”
Let’s do a little math — very little math. Bill Gates has money worth $107 billion. Take away $100 billion, that’s … $7 billion left over. Oh, how will he live on a mere $7 billion? If he were to live another 70 years, that would leave him with only $100 million dollars a year to live on! How could he possibly stretch his budget to survive on that pittance?
What he’d really lose his unwarranted clout. He loves having that power and influence, able to lecture people on education policy and economics, despite being a college dropout from a wealthy family who made his money by luck and ruthless capitalism.
Elizabeth Warren has already responded to reassure him that her wealth tax wouldn’t cost him anywhere near $100 billion. I’m disappointed in her. Why not? Go ahead, take 99% of the money Gates didn’t earn.
Gates isn’t done, though. He’s got another foot to stuff in his mouth.
Then, Sorkin posed a scenario which, for the moment, is a hypothetical — albeit one which appears to have more of a chance of happening by the day. The Times writer asked Gates who he would back in a general election: Warren or President Donald Trump.
And despite being a vocal Trump critic in the past, Gates would not commit to supporting Warren to defeat the president.
Good god. He’s so selfish about his absurd excess of wealth that he’d consider supporting an incompetent, treacherous buffoon for the presidency, rather than getting taxed 6%? I was considering wheeling the guillotine away and just confiscating his ill-gotten riches, but now, sorry, guillotine is back in play.
You want more fun? Here’s a billionaire hedge fund manager, the classic capitalist parasite, breaking down in tears at the thought of the government deciding how to distribute his money, skimmed off the labor of workers. He was planning to leave half of it to his kids, who had done even less to earn it.
Watch this billionaire get choked up talking about Elizabeth Warren's wealth tax https://t.co/15IIXUy6X1 pic.twitter.com/l9LrdAGKh8
— CNN (@CNN) November 6, 2019
That guy, Leon Cooperman, seriously believes he worked hard enough to earn $3 billion. Let’s disillusion him.
Seriously, billionaires weeping at the thought of a Warren presidency is the best advertisement for her ever. I think Sanders would make them cry just as hard. Let’s get one of those two into office!
By the way, did you know that after retiring, despite his carefully calibrated charitable donations, Bill Gates’ net worth has been going up? Somehow, he manages to dole out money to his own foundations in such a way that none of it actually costs him anything, while claiming to be a generous philanthropist.
Here’s some more fun with math.
Earlier today Bill Gates in an interview said he doesn't like Elizabeth Warren's wealth tax because he thinks he will have to pay "$100 billion" and he will have to do "a little math"(?).
That sounded wrong, so I did the math.
Text version: https://t.co/4oeRFHW2Jx pic.twitter.com/jTmdMYskst
— mcc (@mcclure111) November 7, 2019
Gates has to know this, or he’s even less deserving of his wealth than I thought.