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We expect families on limited incomes to curb spending – yet it’s the rich who should be doing our bit with greater taxation on wealth, says Phil White
Within the enormous and frequently uneven global wealth landscape, the ultra-rich are undergoing a quiet but potent transformation. Bill Gates, a titan of the tech industry and the fourth richest person in the world with a mind-boggling fortune of $141 billion, is leading this drive.
Bill Gates has often talked about imposing a tax on the wealthy. He told the World Economic Forum that "those who have the most" should be more generous. Bill
An increasing number of billionaires are embracing the viewpoint advocated by Microsoft co-founder Bill Gates, who has called for increased taxation of the super-wealthy.