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Gates: Tax consumption to fix unemployment caused by technology [VIDEO]
The Daily Caller ^ | March 17, 2014 | Neil Munro

Posted on 03/18/2014 8:28:21 AM PDT by upbeat5

Billionaire software mogul Bill Gates has joined the growing chorus of tech experts who predict that low-skill Americans will face greater unemployment because more jobs are being done by software and robots.

The Microsoft founder, whose net worth is $76 billion, suggested the problem could be fixed by reducing taxes on employers and raising taxes on employees, via the reduction of payroll taxes and the addition of new federal consumption taxes.

(Excerpt) Read more at dailycaller.com ...


TOPICS: Culture/Society; Government; News/Current Events
KEYWORDS: bill; consumption; criminal; cronyism; gates; taxes

1 posted on 03/18/2014 8:28:21 AM PDT by upbeat5
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To: upbeat5
Those rich guys always no what's best for the rest of us, don't they?
2 posted on 03/18/2014 8:31:18 AM PDT by E. Pluribus Unum ("The man who damns money has obtained it dishonorably; the man who respects it has earned it.")
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To: upbeat5

What a jerk.

If he thinks he caused it, he should liquidate his entire wealth and contribute all of the proceeds to the Salvation Army.

What a POS, rich or not.


3 posted on 03/18/2014 8:32:25 AM PDT by old curmudgeon
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To: upbeat5

Tax “consumption”....yeah...now that he has all HE needs...pity the young


4 posted on 03/18/2014 8:33:24 AM PDT by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods.)
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To: upbeat5

“...suggested the problem could be fixed by reducing taxes on employers and raising taxes on employees.”

Huh?


5 posted on 03/18/2014 8:34:29 AM PDT by Huskrrrr
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To: upbeat5

There is something to his proposal to eliminate taxes on something society wants, more employment, and replacing that with consumption taxes. Although Gates speaks out of both sides of his mouth since he is a big proponent of bringing in millions of cheap foreign labor. Taking his views as a whole he wants the gov’t to cut taxes on employment making it easier for him to hire cheaper foreign labor.


6 posted on 03/18/2014 8:36:16 AM PDT by C19fan
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To: upbeat5
predict that low-skill Americans will face greater unemployment because more jobs are being done by software and robots.

This is absolutely true. The rest is carp. What we need to do is get all levels of government off the back small businesses.

Many of these "low-skill" Americans would create their own jobs and small businesses if it weren't impossible to open up so much as a lemonade stand without the bureaucracy taking several pounds of flesh for each and every license and permit.

7 posted on 03/18/2014 8:36:22 AM PDT by Valpal1 (If the police can t solve a problem with violence, they ll find a way to fix it with brute force)
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To: E. Pluribus Unum

Why is it that Americans listen to people who have no background in the fields they are prescribing solutions for (e.g., Gates is not an economist; Gore is not a scientist)?They have no credibility yet we allow them to pontificate to us. The sheeple are truely gullible.


8 posted on 03/18/2014 8:36:24 AM PDT by Starboard
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To: upbeat5

I think we should switch to 4 10-hour days work week

I would do anythign for 3 day weekends each week

including have time to work on my startup businesses


9 posted on 03/18/2014 8:37:44 AM PDT by Mr. K (If you like your constitution, you can keep it...Period.)
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To: upbeat5

“The Microsoft founder, whose net worth is $76 billion, suggested the problem could be fixed by reducing taxes on employers and raising taxes on employees...”

How about instead we take Bill Gates’ $76 billion and give everyone who ever purchased a Microsoft product $10,000 per product for their pain and suffering. So if you suffered through Windows 95, Windows 98, Windows XP, and Windows 7, Bill Gates would be required to cut you a check for $40,000. Then any leftover money could be used to hire every out of work IT person to fix all the Microsoft products that are still messing with our daily lives. That is how you start to fix the economy.


10 posted on 03/18/2014 8:38:46 AM PDT by anonsquared
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To: Huskrrrr
. . . reducing taxes on employers and raising taxes on employees.

Why not? The problem is not that Bill Gates doesn't pay enough in taxes, it is that the proles consume too much. Why not stack them in high-rise cement Stalinesque style rabbit hutches so they can walk or take public transportation to work?

We only need a middle class to administer our Utopian bureaucracy anyway. No more than 10% of the populace to enforce the orders of the 1% of the elite should do it. < / sarcasm >

11 posted on 03/18/2014 8:43:37 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: upbeat5

Well since technology is the problem Tax the tech companies....


12 posted on 03/18/2014 8:45:35 AM PDT by Kozak ("It may be dangerous to be America's enemy, but to be America's friend is fatal" Henry Kissinger)
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To: upbeat5

Let’s hope this jerk never runs for public office. He could help solve the problem he sees by pulling all his products off the market. I think I would still be able to type and proofread my own letters without his help. I was able to do that before he was born.

He doesn’t see his contributions of wealth and influence in Common Core will accelerate the problem of unemployment? Heck, when Common Core gets done with students, it will take all day for a prospective employee to complete an aptitude exam; if one is even needed in today’s world.


13 posted on 03/18/2014 8:46:52 AM PDT by Thank You Rush
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To: Vigilanteman

I like that idea: All gov employees in gov housing on gov healthcare using gov transportation. Let them thoroughly taste what they produce.


14 posted on 03/18/2014 8:48:27 AM PDT by polymuser
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To: anonsquared

“That is how you start to fix the economy.”

By failing at math?

I understand the ire, but the numbers don’t begin to add up.


15 posted on 03/18/2014 8:50:54 AM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: Valpal1

I occassionally employ low skill workers.

But when I do, I have to be there or else, they wont work, and they will steal.

So alot of the time, I say to hell with it and do the job myself.


16 posted on 03/18/2014 8:55:07 AM PDT by staytrue
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To: E. Pluribus Unum; upbeat5
Wow! These guys are so much smarter than us!

Traitors, complicit with the dems in the destruction of the Republic.

17 posted on 03/18/2014 8:55:53 AM PDT by Eagles6 (Valley Forge Redux)
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To: staytrue
True story. I worked for a Japanese multinational in a previous life which included construction sites in Indonesia.

There was always petty pilferage from the construction sites as work was in progress. It became so annoying that we hired guards at a little more then the going rate of $4 per day. The pilferage actually increases so we dismissed the guards and the pilferage returned to normal levels. Go figure.

18 posted on 03/18/2014 9:00:01 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Mr. K

I think we should switch to 4 10-hour days work week.”

My employees have been working 4 ten’s for a couple of years now and everyone loves it. Plus they have flex hours. Can start as early as 7 a.m. and as late as 8:30 a.m. Half work Tuesday to Friday and half Monday to Thursday. Allows for travel to/from outside of heavy traffic hours and they get more done in four ten hour days than they did five eight hour days. They can eat, drink and smoke at their desk if they want and most don’t take a lunch break but eat at their desk. Just works for everyone.


19 posted on 03/18/2014 9:05:44 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: staytrue

Which is why the “low skilled” need to be self employed. But as long as the barriers to self employment from government (regulatory schemes as well as taxes on working and saving) remain, most will remain unmotivated to being productive.

We really are headed toward a dystopian future of feral rabble walled off from the educated elite served by robots. The middle class will disappear.


20 posted on 03/18/2014 9:05:49 AM PDT by Valpal1 (If the police can t solve a problem with violence, they ll find a way to fix it with brute force)
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To: upbeat5
No Bill actually you should be taxed more... ask your clown cohort Warren Buffoon... You guys buy the law and then spout self serving vomit that only a LIBTARD could believe. tell us again how you “invented” the os that you made your $$$.... or did it belong to .... oh well at this point what difference does it make... stick to your phoney trusts and “charities” and while your at it go fuck yourself.
21 posted on 03/18/2014 9:08:37 AM PDT by zzwhale
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To: Grams A

Can i come work for you?

:)


22 posted on 03/18/2014 9:10:42 AM PDT by Mr. K (If you like your constitution, you can keep it...Period.)
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To: Mr. K

“I would do anythign for 3 day weekends each week.”

How about 4 day weekends every week? I offered that to my employees. The catch was working 12 hrs on Fri Sat and Sun.


23 posted on 03/18/2014 9:13:05 AM PDT by Beagle8U (Unions are an Affirmative Action program for Slackers! .)
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To: upbeat5
Gates is playing the role of a complicit stooge.

He's supporting and agenda in search of a villain to blame.

This entire big government crowd needs to get their “population control via smothering gov’t regulations” agenda, the hell out of the way, and let the private sector provide the technical and market solutions to our energy and employment problems.

24 posted on 03/18/2014 9:19:21 AM PDT by G Larry (There's the Beef!)
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To: upbeat5

Consumption taxes places the tax burden disproportionately on the lower incomes, because those who earn less money uses a greater percentage of their income for consumption purposes.


25 posted on 03/18/2014 9:20:17 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: anonsquared

And if you ever used Windows ME you get an additional hardship bonus of $5K


26 posted on 03/18/2014 9:26:16 AM PDT by Mr. K (If you like your constitution, you can keep it...Period.)
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To: Jonty30

The Fair Tax took that into account by exempting the first X dollars spent.


27 posted on 03/18/2014 9:27:49 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Mr. K

Made me smile which I really needed today.

A lot of offices can operate this way or do some version other than 9-5 M-F, if they only would. But you do have to have the right kind of people working with you and the boss cannot be a control freak. Some people don’t do well with independent functioning. No office situation is roses all the time - one of my employees has always been unhappy because we aren’t shut down for MLK’s birthday so this year I gave her the option of taking the day off without pay which she opted not to do. I know a couple of them have looked elsewhere at employment possibilities but that was short lived after they looked at the inflexibility of their potential new employer.


28 posted on 03/18/2014 9:28:44 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: Valpal1

So low skilled workers will be unemployed, but we got to embrace illegals who are only here, let us face it, to mow our lawns...

Is this guy stupid?


29 posted on 03/18/2014 10:26:47 AM PDT by lavaroise (A well regulated gun being necessary to the state, the rights of the militia shall not be infringed)
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To: Jonty30
Consumption taxes places the tax burden disproportionately on the lower incomes, because those who earn less money uses a greater percentage of their income for consumption purposes.

You say that like it's a bad thing. According to another FR article I just read, we have the most progressive tax system in the world. This would help that. I think welfare recipients should pay taxes, like everyone else.

30 posted on 03/18/2014 10:27:11 AM PDT by sportutegrl
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To: lavaroise

Bill never should have quit his day job.


31 posted on 03/18/2014 10:27:35 AM PDT by dfwgator
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To: sportutegrl

I didn’t say anybody shouldn’t pay taxes. Did you read those actual words from me?

I just consider it of some importance that those who are poorer not be taxed to the point where they cannot provide for themselves.


32 posted on 03/18/2014 11:08:04 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Jonty30

First you have to tax them before you get to the point where they cannot provide for themselves. Over half the people in this country pay nothing at all.


33 posted on 03/18/2014 11:20:17 AM PDT by sportutegrl
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To: upbeat5

How about we just reduce taxes on everyone?


34 posted on 03/18/2014 11:27:16 AM PDT by Dapper 26
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To: upbeat5

Hey Bill, we need a consumption tax on EVERYBODY at the SAME rate.

Abolish the IRS, eliminate the tax code, eliminate the income tax.

Sit back, watch the economy roar.


35 posted on 03/18/2014 11:43:20 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Mr. K
And if you ever used Windows ME you get an additional hardship bonus of $5K

Or Vista ...

36 posted on 03/18/2014 11:59:26 AM PDT by Fast Moving Angel (It is no more than a dream remembered, a Civilization gone with the wind.)
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To: upbeat5

It’s a good thing they don’t tax stupid.

Maybe he would feel better about Hillary’s WEALTH tax.


37 posted on 03/18/2014 3:22:31 PM PDT by anoldafvet (If you think the government is capable of taking care of you, just look at the indian tribes)
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