Bill Gates: America’s capitalism, socialism debate really about taxes

Bill Gates: America's capitalism, socialism debate really about taxes

Luntz Global President Frank Luntz on the push for Medicare-for-all and the debate over capitalism versus socialism heading into the 2020 presidential race.

Amid a growing debate over the merits of capitalism and socialism in the U.S., Microsoft co-founder Bill Gates said he thinks disagreements really boil down to one thing – taxes .

During an interview with CNBC’s Becky Quick, Gates said when people defend capitalism it is often assumed he or she is “defending the tax rates we have today.”“Socialism used to mean that the state controlled the means of production and a lot of people who are promoting […]

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