Billionaires must pay more says Bill Gates

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Bill Gates says he has paid more than $10 billion in taxes over a lifetime but billionaires like him should pay “significantly” more because they benefit more from the system.

The Microsoft co-founder, the world’s second richest man after Amazon’s Jeff Bezos, was critical of a recent US tax overhaul that slashed corporate taxes and lowered the top bracket for individual income.

Billionaires must pay more says Bill Gates

“I’ve paid more taxes, over $10 billion, than anyone else, but the government should require the people in my position to pay significantly higher taxes,” he said in an interview with a TV Channel.

He said the tax overhaul passed in December favours the rich despite Republican claims it will help the middle and working classes.

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