Bill Gates expressed that under his proposed tax system, the wealthy would possess roughly a third of their current fortunes, significantly reducing their net worth.
Gates believes it's 'kind of wild' that billionaires exist and feels their huge wealth should be used to benefit society rather than be hoarded.
While advocating for better social safety nets and increased taxes to fund public services, Gates does not agree with Senator Sanders' idea of banning billionaires.
Despite his own billionaire status, Gates acknowledges a biased perspective, emphasizing that wealth should contribute to societal betterment and not just personal consumption.
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