Economy

October 24, 2010

One rich guy who wants to pay higher taxes: Bill Gates Sr.

Bill Gates Sr., the wealthy father of the Microsoft co-founder, thinks the poor pay too much tax, the rich pay too little. Gates' solution — an income tax on adjusted earnings that exceed $400,000 a year per couple or $200,000 for an individual — is drawing protest in Washington state, which doesn't have an income tax.

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