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Politics : Ask Michael Burke
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To: Skeeter Bug who wrote (98677)4/28/2003 10:57:58 PM
From: TimF  Read Replies (2) of 132070
 
They aren't paying taxes on their wealth they are paying taxes on their income.

i also read that bill gates, ALONE, has more wealth than the bottom 45% of households COMBINED.

William H Gates III , 47 , self made
Source: Microsoft
Net Worth: $40.7 bil

forbes.com

So $40bil. Spread that among the bottom 45% or about 126mil, and you get something like $320 each. I think your source is mistaken.

Tim
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