Articles, Blog

Does Bill Gates Pay His Fair Share?

December 2, 2019


100 Comments

  • Reply Cash Money November 29, 2019 at 6:17 pm

    OK I assume this is a tenured professor at UCLA making a minimum of $350,000 per year. It’s expensive to live in California and this guy doesn’t want his tax rate raised. Also reminds me of the professor from Rodney Dangerfields movie back to school. Spending too much time in his ivory tower. I’ve been in business 40 years and trust me the rich do not pay The progressive rate tax .there’s plenty of tax havens ,loopholes, etc. to reduce those taxes many times over. He quoted Bill Gates because Gates is one of the few that actually pays his taxes!

  • Reply Weight Loss Ninjas November 29, 2019 at 6:21 pm

    Rich people pay their fair share but rich corporations don't. When you see mega corps like Amazon and Apple earning literally billions of dollars in profit but paying $0 in taxes that's a problem

  • Reply Harold Kay November 29, 2019 at 7:01 pm

    Awww yes time to go out trick treating

  • Reply Bulvine420 November 29, 2019 at 7:32 pm

    Bill Gates or anyone should not pay any income tax! If anything we should pay a local tax based on how Efficient our local government is working! Look at states like California if you are a conservative you are paying taxes just like everyone else but are getting no representation!

  • Reply Mike Phillips November 29, 2019 at 7:58 pm

    Short answer no.
    Long answer nooooooooooooo.

  • Reply Jeff Wright November 29, 2019 at 8:02 pm

    Boo hoo poor billionaires

  • Reply yhwe23415 November 29, 2019 at 9:46 pm

    What about some 1% of people keeps them money on outside of usa to pay less taxes.. 😂 donot be shaddy

  • Reply Fracking Saves November 29, 2019 at 10:05 pm

    PragerU teaches peasants to self oppress so that billionaires may become wealthier.

  • Reply Rusty Shackleford November 29, 2019 at 10:12 pm

    I support Prager U!

  • Reply Judicious Aim November 29, 2019 at 10:28 pm

    I earn $71k/year. The govt steals $21-25k every year from me. They graciously refund me $1-2k when I file my taxes then tax me on my refund. Land of the free? Not when nearly half of Americans are paying jack and squat yet they receive my tax money in “benefits” that they did not earn. Marx would be proud of our Marxist tax system that is designed to buy votes.

  • Reply your life is your fault. November 29, 2019 at 10:40 pm

    I've been told since a kid dont expect to collect social security when you retire…
    the government couldn't manage a proper parking lot.

  • Reply Sig 226/2022 November 29, 2019 at 10:57 pm

    I make less the $40,000 a year and I believe everyone should pay the exact percentage rate. Let’s say 5% for example if a person makes $1,000,000 then they will pay $50,000 and if a person makes $40,000 then they will pay $2,000. Yes the first person makes a lot more money but they also have to pay a lot more. But it’s a fair share for everyone

  • Reply Himuka November 29, 2019 at 11:51 pm

    You guys couldn't have gotten someone else? I get what he's saying but he's so boring to listen to; like a robot.

  • Reply Jim Zh November 30, 2019 at 1:17 am

    Problem is Amazon DIDN'T pay any federal income tax? No??

  • Reply michael singer November 30, 2019 at 2:01 am

    I make 37k a year as a first year electrician apprentice and I am taxed 20% of my income what the hell do you guys mean that I’m hardly taxed if any at all wtf

  • Reply michael singer November 30, 2019 at 2:04 am

    And what the hell are you guys talking about social security? The fun pool is going to be dried up in the next ten years lmao I’m never going to see it, my parents are never going to see it, This is idiotic

  • Reply Woody Atterberry November 30, 2019 at 2:51 am

    I think bill and his wife like pizza

  • Reply Mr.Riojas November 30, 2019 at 3:36 am

    If certain "rich" don't feel they pay their fair share, they can always use the option included in all IRS tax forms to pay more without forcing everyone else to pay more.

  • Reply Guitar Overkill November 30, 2019 at 4:15 am

    Here is an idea – You pay off your share of the national debt in one year and you don’t have to pay taxes again ever. Now the rest of you pay your fair share!

  • Reply S B November 30, 2019 at 4:22 am

    More apples to oranges. If you have a billion, you're not going to MISS THE RENT if you lose 80% of your wealth in a single stroke.
    If you have 1k savings and lose half, then yeah, you might be in trouble.

  • Reply Clayton Doan November 30, 2019 at 5:07 am

    https://youtu.be/uafSio5g0Qw

  • Reply rob28803 November 30, 2019 at 5:59 am

    Fair share is actually the same dollar value amount per person, and is the total public expenditure divided by the population, with no exceptions. If you're not paying that much, then someone else is paying your share for you. So be grateful and thankful to those people, rather than whining for more and more handouts from them.

  • Reply 10000 Subscribers With No Videos November 30, 2019 at 6:06 am

    Why is this video vertical

  • Reply Chicken Little November 30, 2019 at 6:58 am

    Lets tax the Rich (including ole Bernie "I'm for the little guy" Sanders is a millionare or damn close as well!) wealth instead of his income! When will the sheep wake up. If he draws $1 dollar a year in salary but gets stock options, has trust funds & foundations, he will have ZERO Income & so pay NO income tax. The guy in mailroom is making do with $12k a year w/o the freebies. That's why the 1% push socialism & a graduated tax!

  • Reply Zack Allard November 30, 2019 at 6:59 am

    At the moment I’m not to concerned with his taxes, I’m more interested in why he was involved with Jeffrey Epstein.

  • Reply Sam Dan November 30, 2019 at 7:49 am

    The comments are crazy here. Brainwashed. No one should be that rich

  • Reply Andrew Earl November 30, 2019 at 8:08 am

    I could only see increases on taxes for the extremely rich (1 million a year income), those who have benefited the most from the system should contribute more. And definately not more then 65%

  • Reply Mad Hatter November 30, 2019 at 10:09 am

    Nothing but and gangsters and Crooks should hit you with racketeering rich people pay their own share these guys are buying G5 airplanes completely tax-free good luck with middle-class trying to buy a washing machine text free Donald Trump bankrupt how many times still billionaire Wesley Snipes how many years did he spend in jai.l…
    I don't even think the IRS can tell you what the IRS knows there's a company that's willing to pay you a million-dollar if you can find out what tax law states you have to pay them people have beat it in Supreme Court not to pay….. choose one day with the mob or do you want the IRS you think people would say you didn't pay me money this year so I'm going to take your house your car your life from you because do not pay me any money that's already paid you to work so I'm working hours out of my day just to pay you so I can work

  • Reply Manakara November 30, 2019 at 12:08 pm

    How much pain and grief has this man caused and is still causing. OUR taxes made him rich how does he repay that? His tax bill matters little to him but to us it should be the ultimate price. Get rid of him and all those like him.

  • Reply ali hitit November 30, 2019 at 12:23 pm

    Very decent like/dislike ratio

  • Reply ThatCrazy Drunk November 30, 2019 at 12:37 pm

    Imagine someone being able to say they’re fine with paying $20 billion in taxes.

    Absolute madlad

  • Reply chachi luna November 30, 2019 at 12:39 pm

    Professor at UCLA huh 🤔

  • Reply TheAdekrijger November 30, 2019 at 12:42 pm

    Slimey backstabbing socialist hate success and they want everything taken from you in the name of envy and a deranged sense of justice. But ofcourse most of the socialist types do like the stuff created by the big companies as the hypocrites they are.

  • Reply TheAdekrijger November 30, 2019 at 12:49 pm

    The succesfull: make the shit you like and pay the majority of taxes.
    Socialist: those nazi's can go f****ck themselves.

  • Reply People Health Truth November 30, 2019 at 1:24 pm

    These videos are visually better without the HUGE fixed text border on top, and the fixed bottom border.

  • Reply ant pal November 30, 2019 at 1:59 pm

    Amazing, someone with facts, talking common sense. Too bad MSM doesn't do this.

  • Reply Tim Crook November 30, 2019 at 2:31 pm

    Fair is paying the exact same percentage as everyone else.

  • Reply Vuyo Sidinile November 30, 2019 at 2:42 pm

    The only fair tax is a flat tax rate.

  • Reply Bernardo Atolin November 30, 2019 at 3:34 pm

    no. he paid too much because taxation is theft.

  • Reply dmenace2003 November 30, 2019 at 3:48 pm

    The religious creed of the Left. Wealth is the sin of man. So all rich people are evil. We the Left leaders are your Savior. Give us your allegiance, and we will save you from the hell of poverty. My evangelism is spread through MSM, all in the name of saving others. Our Euthopian Heaven awaits you all, to become part of our controlled collective.

  • Reply joe dirt November 30, 2019 at 4:16 pm

    Why are you looking at income and not how much money they have? Logic has left the chat

  • Reply Cam Artusi November 30, 2019 at 4:48 pm

    BULLCRAP I pay 33% in taxes and I make 23,000 gross I’ve maid about 15,000 bet this year. I file every deduction, every production cost, every travel mile, anything and everything. Compare that to the nation untaxed passive income and you start to see how much is actually untaxed. You forgot to mention the different income forms and how that works. Bill gates has earned 150 Billion yet he’s only paid 10 billion in tax. If I earned that same amount in my tax bracket I’d have paid 49 billion in taxes. He didn’t pay his fair share….

  • Reply mrscott01 November 30, 2019 at 5:08 pm

    Taxation is theft!

  • Reply c7z November 30, 2019 at 5:34 pm

    I honestly couldn’t care what he pays in tax. He’s a peadofile.

    The hypocrisy of hating on Epstein constantly yet conveniently over looking everyone else who visited his island.

    Pathetic.

  • Reply theophile tixier November 30, 2019 at 6:06 pm

    This is absolutly not how math works while talkig about taxes. Think about it like that if the 10% richest must pay for 10% of the taxes, then 90% of the richest should pay 90% of the taxes. But can the 10% poorest pay for 10% of the taxes money?

  • Reply Finally the Truth November 30, 2019 at 6:11 pm

    I get so tired of arguing with stupid people.

  • Reply Finally the Truth November 30, 2019 at 6:15 pm

    Bill Gates changed the world by placing a PC on every office desk. He saved billions of work hours. Do you realize how he impacted the worldwide economy. He single handedly improve the standard of living across the world and ended massive drudgery.

  • Reply Rome Kostis November 30, 2019 at 6:24 pm

    It's funny because the rich people probably aren't using as much federal funded services as one people. So they're basically paying for services they don't use

  • Reply Hoàng Minh Lý November 30, 2019 at 6:33 pm

    Why would a video made in 2019 use sources from 2011? Maybe they try to manipulate the data?

  • Reply WWTormentor November 30, 2019 at 6:33 pm

    I have absolutely no problems paying taxes or even higher taxes. The problem that I have is the government wasting that money they collect. If we reduce the waste in government by half there would be no reason to raise anyone’s taxes. This is not a question of fair or unfair. It’s a question of waste. It’s like saying I have enough money to buy a Toyota but I want you to give me more money so I can buy a Ferrari.

  • Reply Gabriel Parks November 30, 2019 at 6:53 pm

    Did he just say $150,000 income does not make you rich? I mean, compares to Gates yeah….but half of Americans make 30k or less a year?

  • Reply Bella Andrade November 30, 2019 at 7:33 pm

    15% of my check is not little or no income taxes. No one i know personally knows how to pay no income taxes like the who can afford a tax lawyer or great accountant.
    I resent this video.

  • Reply Trey Kennedy November 30, 2019 at 8:16 pm

    I want to know how the top 10,000, or so, earners stack up in these statics. Those are the “rich people” we are worried about. I don’t think the 1% of the 1% are paying their fair share, and it’s almost structured to where you can’t get over that wealthy hump. The jump from mid 100K to over 500 is, as you mentioned, a rocky climb.

  • Reply Wesley Martin November 30, 2019 at 8:33 pm

    i dont think the tax system is fair not b/c it "benefits those at the top" but b/c i am being taxed by my government for being productive.

  • Reply The Absolute Madman November 30, 2019 at 8:49 pm

    Simply put: the “Progressives” out there want to hurt the rich any way they can. There is no consideration of “fairness” in their doctrine. They hate people who are well off and will do anything and everything to undermine them. This is one of the biggest reasons why I can’t stand people on the Left. They talk a big game about “equality” and “justice” but their actions spin a very different tale about their intentions and goals.

  • Reply Avimech 85 November 30, 2019 at 9:20 pm

    How about this: Every American gets to chose what percentage of their taxes are disbursed to the different government agencies (roads, military, welfare, etc). Perhaps we will see the useless, corrupt departments falter. Any unused tax money by those departments at the end of the year will be given back to the taxpayer.

  • Reply JonatasAdoM November 30, 2019 at 10:09 pm

    The more you charge the rich the more they will have to make to stay rich. Just think about it.

  • Reply Bruce Rosner November 30, 2019 at 10:21 pm

    Fair is every person in the country obtains health care regardless of wealth. Fair is every person can be educated to the full extent of their abilities regardless of wealth. Fair is every woman can get an abortion regardless of whether or not she can afford a long weekend in Paris. Fair is that your success in life depends on your personal abilities and not on your parent's wealth. Conservatives should be ashamed that the ignore the fundamental goals of the US Constitution: "… in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, " Note there no mention of the accumulation and preservation of private wealth so worshiped by many only the "general Welfare".

  • Reply bryan hempel November 30, 2019 at 11:19 pm

    With all the charitable stuff he does, he gives more to this country and to the world than most.

  • Reply - johymaster - November 30, 2019 at 11:39 pm

    The rich took advantage of the great resources of this country to get this rich. Often they also took advantage of the poor people in this country, because that's the biggest consumer base.
    I wish for everyone to be rich, but when the average person in the 1% has 12500% more total net worth than the average American, that's stupid.
    Please don't tell me they worked 12500% harder than the average American.
    They should pitch in a reasonable percentage of their income, i.e. after making 1.000.000$ in a year they pay .50$ for every 1$ they make. This way millions of Americans can be helped out of poverty.
    This isn't "unfair", this is reasonable. There probably isn't a single millionaire reading this, but there are people in poverty reading this. Teaching wealthy creates financial freedom for the poor, and only decreases the financial freedom of the rich by a little, little bit.
    It isn't either socialism, or total capitalism. You can (and should) have a mixture. Giving money to the poor doesn't remove their incentive to work. Taking money from the rich doesn't remove their incentive to work either.
    Thanks for listening to my Ted talk 🙂

  • Reply Infamous BC November 30, 2019 at 11:39 pm

    Guarantees SS. Not if you vote Yang

  • Reply Infamous BC November 30, 2019 at 11:42 pm

    But but but they steal our data…
    And did you agree to it?
    Yea, i like facebook cause its free
    Then they didn’t steal it, they made a deal. You just chose to pay with a different currency.

  • Reply Shasta de Siqueira Campos McLaughlin November 30, 2019 at 11:44 pm

    I want flat tax now!

  • Reply Viking Walrus December 1, 2019 at 12:19 am

    The top 100% of income earners pay exactly 100% of the taxes, the system is perfectly fair!

  • Reply E 10 December 1, 2019 at 12:21 am

    Amazon??

    anyone that ask for bailouts
    Like
    Banks
    Apple

  • Reply Peter Riis December 1, 2019 at 12:22 am

    A bit too simplified, huh?

  • Reply Artcore103 December 1, 2019 at 12:36 am

    Bill Gates is truly evil, I don't care if he pays his fair share of taxes. Do your own research. This man is near the top of elite satanism and globalism and social control.

  • Reply herbankidd December 1, 2019 at 12:42 am

    The rich are rich because they’re able to avoid taxes. Taxation is theft.

  • Reply Marcos Mercedes Nuñez December 1, 2019 at 12:47 am

    Fake Pocahontas should watch this

  • Reply Higher Primate December 1, 2019 at 2:09 am

    Make taxation theft again

  • Reply Hachim Elmansouri December 1, 2019 at 2:09 am

    If I make 40 000 dollars a year and I barely make ends, I would very much mind paying 30% of my income, where as a multibillionaire like bill gates or Jeff Bezos wouldn't even notice its absence, and yet Jeff Bezos is paying literally 0 in taxes, Bill Gates only pays taxes because he's generous, he could easily avoid paying them by taking advantages of loopholes in the crappy american taxation system. Get up to date and adopt a value added tax like the rest of the developped world.

  • Reply Samuel Ziegler December 1, 2019 at 2:15 am

    In reality, no one is required to file or pay federal income taxes, period.

  • Reply brettjern05 December 1, 2019 at 2:30 am

    How about everyone pay 10 percent taxes regardless of how much you make? The government doesn't know how to spend our money so let's give those idiots 10 percent to waste and we keep the other 90 percent. After all we earned it.

  • Reply Fred Garvin December 1, 2019 at 3:03 am

    PragerU is created by the unprincipled rich and watched by the bewildered poor.

  • Reply Ham ster December 1, 2019 at 3:08 am

    People just dont wanna die of preventable diseases and they want to have a living wage. I mean look, the rich will have to invest in standing armies and bunkers as they own more and more of the land and means of production. All those people who are out on their asses are still gonna be roaming around like mad max. We either give up our ill gotten gains from this casino capitalistic nightmare now or the angry mobs will come for it later. So this is just a matter of how we want to do it, there is no keeping this insane wealth while people are dying.

  • Reply Simeon B December 1, 2019 at 3:29 am

    Very limited view of personal income tax, whilst forgetting that via corporate offshoring of profits, the multinational elite (like Gates, Clintons, Bezos, Zuckerberg, etc.) pay very little in 'income' tax.

  • Reply Michael Edwards December 1, 2019 at 3:33 am

    I work in a factory, I attend school, I earned certs when I have time, I was a councilmember in my town, i am self-employed on the side, I own my home, I own two cars, i have a spouse, two kids, a dog, and a cat I take care of and I think socialism is the way to go. I am definitely not looking for a "free ride".
    1) Statistics have shown that working wages have stagnated, while the rich continue to grow.
    2) Statistics show that through technological advancements the working class is not required to work 40+ hours a week to produce necessary goods.
    3) Education is extremely overpriced
    4) Due to medical bills, all my hard work feels like it is for nothing because I'm drowning in debt
    5) Jeff, Bill, Warren, etc. literally have enough money alone to pull thousands of people off of the street without breaking a sweat.
    6) They pay a fair share. Sure I mean mr gates has a 200 million dollar home, while a large portion of Americans struggle to keep a home.
    7) The rich use tax evasion tactics, like "donating" to charitable causes.
    8) Automation is going to obliterate the very same workforce that can barely hold on now.
    9) These kind rich companies hold back secrets to get ahead. Cough exxonmobile cough.
    10) Companies might not demand you do something directly, but they do use psychological tricks to control the masses.
    11) There is only a 7.5% chance for those born in the lower class to elevate to a higher status.
    12) No matter how hard you work, chances are your business will fail.
    13) The system is designed to keep people poor
    14) Seriously fair or not, the average person would have to multiply their net worth by about $1,120,000 just to be on Jeff Bezos level I'm sorry that's ridiculous.

  • Reply knickandchester December 1, 2019 at 4:53 am

    Then go ahead and pay $20 billion. No ones stopping him

  • Reply Vega December 1, 2019 at 8:14 am

    I showed I earned around 150,000 dollars last year, I paid nearly 40,000 in taxes. This year I earned more and am scared to death my taxes will be even more insane.

  • Reply Gender Studies Review December 1, 2019 at 11:12 am

    The rich don't pay their fair share. They pay all of it.

  • Reply Nas X December 1, 2019 at 12:19 pm

    Who determines what someone's 'fair share' is

  • Reply Blasikov December 1, 2019 at 2:00 pm

    Agree on principle and at face value, but a bit of Devil's Advocate: what about all of the creative accounting the the 1% can afford? Perhaps instead of tax-rating everyone to death, reforming the loopholes (and Wall Street while you're at it).

  • Reply João Farias December 1, 2019 at 2:33 pm

    This video could be 4 seconds long:
    – "Does X pay taxes fairly?" -> 2 seconds
    – "No, any taxes are theft and are never fair." -> 2 seconds

  • Reply Mark Madison December 1, 2019 at 2:58 pm

    Democrat policy is only that feels good or what benifits them until 2016 they went completely stupid now they just protest everything that benifits everyone. If it doesn't benifit a small percent of people more then others they are completely against it. Liberal isn't a Democrat thing. Equality isn't in the definition of Democrats these days and if you're being honest never in history of the Democrats has it happened. The Democrats hate truth. They only love to control others.

  • Reply Ryan Seely December 1, 2019 at 3:06 pm

    Obviously the top earners don’t actually pay 50%, you need to talk effective tax rates. An Econ professor should know this.

  • Reply Alexander Ordinary December 1, 2019 at 3:16 pm

    He says " when taxes go too high, it affects the economy, investments etc" However, he didn't define what TOO HIGH, is… Therein lies the problem.most eurpeans are paying around 40-45%. US is not even close to that, cuz the rich wont allow it, and therefore, a lot more social programs, never become a reality.

  • Reply Carlos Faria December 1, 2019 at 3:59 pm

    03:53 Sweden has a white flag now?!

  • Reply A Fridge December 1, 2019 at 5:03 pm

    why cant we have any paper in the description or absolutly anything that would validate any point this guy is making.this is the main problem in these prageru videosand even more so in a video like this where there was a new number evry 5 secs.can we get anything at all to validate these numbers other than our own research?

  • Reply jhgjhgj hgjhgdj December 1, 2019 at 5:18 pm

    Its definately not fair when American Taxpayers pay for illegal immigrants.

  • Reply Eclipse KCB December 1, 2019 at 5:58 pm

    He's a psychopathic globalist that believes in Eugenics and is doing his part to advance the New World Order and depopulation agendas.

  • Reply Tyler Durden December 1, 2019 at 7:55 pm

    You didn't even choose the right flag for Sweden, how does it come that your system is so much better than Sweden but the people there are more healthy more happy and overall in a better position. And last but not least where are you facts.

  • Reply iTzSchneider December 1, 2019 at 8:42 pm

    I think you didn't mentioned the whole truth
    And it s just not right to assume that the group of people who earn 50% should pay 50% because if this 50% would be taken by for example (to exaggerate) by one women it would be totally fair if she/he needs to pay a tax qute of 80%
    BECAUSE the 20 % she has left
    are still 10% of the EARNINGS of the WHOLE NATION.
    Note: the smaller the group of people which earns a lot of money the worse your "Rule" gets
    Every 14 year old will unterstand that

    PLEASE list (logic) counterarguments

  • Reply iTzSchneider December 1, 2019 at 9:10 pm

    Why the *** Do you use Data from 2011 ?

    Oh i frogot maybe the data which is more current doesn't Support your viewpoint

  • Reply Yoann Gouon December 1, 2019 at 9:14 pm

    Fair would be if the top 10% would pay 10% of all taxes? Are you serious? Going down to that level of stupid is beneath even PragerU.

  • Reply ekahnoman December 2, 2019 at 12:20 am

    Well, Mr. Economics Professor
    You may think $150,000 is a "nice salary", but myself and the rest of the 47% think it's alot. And you are indeed rich. (even after taxes)

  • Reply Cody Casserly December 2, 2019 at 1:12 am

    15% for everyone. No deductions. Also no corporate tax.

  • Reply Jim Vlahos December 2, 2019 at 9:50 am

    This would be helped a lot if corporations that pay ZERO in federal income tax actually paid. For example, in 2018 Amazon made $233 million in revenue with a PROFIT of $10 BILLION but paid ZERO federal income tax… NONE!!! Many other companies were in the same situation totaling more than $100 BILLION in profits that wasn't taxed at all. In addition to that many companies also got rebates makes their effective federal income tax rate not just 0% but actually NEGATIVE. Which means massive corporations were actually taking tax dollars away from the middle class.

    And that doesn't even count independent wealth of many people that, due to tax loopholes, paid little to no federal income tax.

    The claim that investments, risk taking and job creation goes down with higher tax rates on the wealthy is just a flat out LIE. In the 1950s the top tax rate was over 90% and there was huge investment, risk taking, innovation and job growth. The economy was doing fantastic.

  • Reply Al Tay December 2, 2019 at 11:17 am

    The Democrats will destroy the rich who owned the businesses that employ the middle class and the poor that's why we lost 60,000 factories in this country I think the Democrats are trying to destroy us from within or they're all very stupid

  • Reply luke malcom December 2, 2019 at 1:07 pm

    😂 Okay boomer

  • Reply jeff jeff December 2, 2019 at 3:40 pm

    Bill Gates will stop donating so much of his money ( where it's spent wisely) if you tax him rediculously…the government will just use his money for stupid shit

  • Leave a Reply