Tag: Gates, Bill

The Billionaires Are Getting Nervous

When Bill Gates founded Microsoft in 1975, the top marginal tax rate on personal income was 70 percent, tax rates on capital gains and corporate income were significantly higher than at present, and the estate tax was a much more formidable levy. None of that dissuaded Mr. Gates from pouring himself into his business, nor […]

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Elizabeth Warren Offers to Explain Her Wealth Tax to Bill Gates

Senator Elizabeth Warren on Wednesday invited the billionaire Bill Gates to meet so she could allay his worries about her plans to raise taxes on the wealthy and explain “exactly how much” he would pay. Speaking with the columnist Andrew Ross Sorkin at The New York Times DealBook Conference on Wednesday, Mr. Gates, the Microsoft […]

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A Relationship With Jeffrey Epstein That Bill Gates Now ‘Regrets’

Jeffrey Epstein, the convicted sex offender who committed suicide in prison, managed to lure an astonishing array of rich, powerful and famous men into his orbit. There were billionaires (Leslie Wexner and Leon Black), politicians (Bill Clinton and Bill Richardson), Nobel laureates (Murray Gell-Mann and Frank Wilczek) and even royals (Prince Andrew). Few, though, compared […]

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M.I.T. President Says He Thanked Jeffrey Epstein for Gift in Letter

M.I.T.’s president acknowledged Thursday that he had signed a letter thanking Jeffrey Epstein for a donation in 2012 and said senior members of his administration had approved the receipt of gifts from the disgraced financier as long as Mr. Epstein remained anonymous. The president, L. Rafael Reif, made the disclosure in an email to the […]

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Director of M.I.T.’s Media Lab Resigns After Outcry Over Jeffrey Epstein Ties

The director of M.I.T.’s prestigious Media Lab stepped down on Saturday after an outcry over his financial ties with the disgraced financier Jeffrey Epstein. “After giving the matter a great deal of thought over the past several days and weeks, I think that it is best that I resign as director of the media lab […]

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How the Department of Defense Bankrolled Silicon Valley

THE CODESilicon Valley and the Remaking of AmericaBy Margaret O’Mara By the early 1970s, Don Hoefler, a writer for Electronic News, was spending after-hours at his “field office” — a faux-Western tavern known as Walker’s Wagon Wheel, in Mountain View, Calif. In a town with few nightspots, this was the bar of choice for engineers […]

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