Thursday, January 26, 2012

Bill Gates: "The rich should bear a larger increase than the rest"

Bill Gates said:

There is no strong correlation between job creation and what the tax environment has been at any point in time. 

If something’s a profitable activity, you’re going to engage in it. Yes, there are tax rates that are so high that people may work less. But that’s — you have to get up in the 50, 60 percent range before that’s the case.

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