Billionaire Microsoft co-founder Bill Gates is worth an estimated $91.8 billion, and he pays billions in taxes to the federal government. But he says he should be paying even more.
"I need to pay higher taxes," he told CNN's Fareed Zakaria during a recent interview. "I've paid more taxes, over $10 billion, than anyone else, but the government should require people in my position to pay significantly higher taxes."
Gates' comments came on the heels of a criticism of 2017's GOP tax reform.
"It was not a progressive tax bill, it was a regressive tax bill," he told Zakaria. "People who are wealthier tend to get dramatically more benefits than the middle class or those who are poorer. It runs counter to the general trend you'd like to see, where the safety net is getting stronger and those at the top are paying higher taxes."