Bill Gates and Bernie Sanders Discuss Taxing Billionaires

In a candid conversation on Gates' Netflix show, both agreed on the need for higher taxes on the wealthy, though their visions differ.

Bill Gates and Bernie Sanders met to discuss income inequality and the taxation of billionaires on Gates' new Netflix series.
Sanders proposed a progressive tax plan that includes an annual 1% tax on net worth above $32 million, increasing to 8% for wealth over $10 billion.
Gates suggested a tax system that would reduce the wealth of the richest Americans by about 70%, though he does not support outlawing billionaires.
Both Gates and Sanders agree on the necessity of a more progressive tax system to fund social safety nets like healthcare, housing, and education.
Other billionaires, including Warren Buffett and Jamie Dimon, have also voiced support for higher taxes on the wealthy to address income inequality.