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Source: Fox News

Bill Gates slams Ocasio-Cortez, says her tax policy is 'missing the picture'

Wednesday 14:30 GMT

Microsoft co-founder Bill Gates, who has a net worth approaching $100 billion, has slammed tax policies like the one put forth by Alexandria Ocasio-Cortez, saying they miss the larger picture and could create tax dodging.

Speaking on a podcast at tech website The Verge, Gates noted that while tax rates can be "more progressive," going to extremes such as the one put forth by Ocasio-Cortez, which would tax income above $10 million at a 70 percent rate, misses the broader scope. "Certainly, the idea of government being more effective in terms of how it runs education or social programs, there’s a lot of opportunity for improvement there," Gates said in the podcast.

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