Pin Share Tweet Email

SHTFPreparedness may collect a share of sales or other compensation from the links on this page.

Microsoft founder Bill Gates responded to an array of questions stating he believes the wealthy should pay a lot more in taxes and that he is not involved in a grand scheme regarding his purchasing of vast swaths of farmland in the United States.

Gates participated in an installment of Reddit.coms popularAsk Me Anythingfor the 11th time recently. In an AMA, readers of the website submit questions and the notable person in question answers on the platform.

The question that got the most traction with viewers (based on votes) was regarding Gates becoming thelargest individual owner of farmlandin the U.S.: Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire? a reader asks.

I own less than 1/4000 of the farmland in the US. I have invested in these farms to make them more productive and create more jobs. There isnt some grand scheme involved in fact all these decisions are made by a professional investment team, Gates explained before responding about his wealth, In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. It has been very fulfilling for me and is my full time job, he concluded.

Gates also suggested raising taxes when a user asked how to make corporations pay better wages and pay their taxes.

I am surprised taxes have not been increased more, Gates remarked.

For example capital gains rates could be the same as ordinary income rates, the billionaire added.

Gates humorously replied to a vulgar question regarding the climate, responding that he feels climate change will slow human progression: Climate: We f***ed or super-turbo f***ed? the question reads.

Climate will slow down the progress we make on improving the human condition but I still believe we can avoid a terrible outcome. The pace of innovation is really picking up even though we wont make the current timelines, Gates explained.

Another reader bluntly asked about Gates focus on vaccines and health care, a topic that has launched the computer mogulinto controversyduring the age of COVID-19. Gatesrespondedsaying that saving children and giving back was his top priority.

Speaking on technology, synthetic beef, and his greatest regrets, Gates answered additional questions before stating that heplans to give away all of his richesbefore the end of his life: Everything I own will be sold as money moves into the Foundation.

Im live on @Reddit now. Ask me anything: https://t.co/pGYLckOrL6 pic.twitter.com/fCK8b2MdHM

Bill Gates (@BillGates) January 11, 2023

Bonus: Root Cellar That Can Be Used as a Bunker

Do you remember the old root cellars our great-grandparents used to have? In fact, they probably built it themselves, right in their back yard.

If you want to learn how to build a backyard bunker like your grandparents had, without breaking the bank, then you need Easy Cellar.

Easy Cellar will show you: How to choose the ideal site Cost-effective building methods How to protect your bunker from nuclear blast and fallout How to conceal your bunker Affordable basic life support options

Easy Cellar will also reveal how a veteran, with only $421, built a small nuclear bunker in his backyard. Also included: America's Natural Nuclear Bunkers: Find the Closest One to Your Home 56 Items to Stockpile in Your Easy Cellar
Pin Share Tweet Email