American billionaire Bill Gates criticized previously adopted tax reformation in the US. He things that it is more profitable for big corporations and very rich people. He states that wealthy Americans may pay considerably higher taxes.
In his interview to CNN he told that he had payed more taxes than anyone else in the world – $10 billion. Today Gates takes the 2nd place among the richest people of the world after the founder on the Amazon Jeff Bezos.
Speaking about the decrease of tax on corporate profit, Bill Gates pointed out that such kind of tax reformation is regressive, not progressive. He believes that only the most wealthy people benefit from this new bill. He doubts that tax decrease will support ordinary Americans. That contradicts what they expected – in particular strengthening the social security system and providing the richest with higher taxes.
Bill Gates owns over $90 billion. Together with his wife he gave more than $40 billion for charity.