In an interview with the New York Times, Bill Gates makes it clear he is not afraid of Elizabeth Warren’s policy positions—especially on the wealth tax. Nobel Prize winning economist Esther Duflo joins Lawrence O’Donnell to discuss how economics can solve real world problems, including income inequality, poverty and immigration. Aired on 11/11/19.
» Subscribe to MSNBC:
MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, Meet the Press Daily, The Beat with Ari Melber, Deadline: White House with Nicolle Wallace, Hardball, All In, Last Word, 11th Hour, and more.
Connect with MSNBC Online
Visit msnbc.com:
Subscribe to MSNBC Newsletter:
Find MSNBC on Facebook:
Follow MSNBC on Twitter:
Follow MSNBC on Instagram:
Bill Gates, Elizabeth Warren On Same Side Of Wealth Tax Debate | The Last Word | MSNBC
Thank you 👍 though not long enough, we need to hear more.
I’m buying the book! I couldn’t understand her accent and I’d rather read it instead.
Two books, in fact. Only now, after this interview, I’ll be reading them both in French accent! 🙂
That’s what I was thinking. Why cut off someone with that much to say? O, SNAP that would make Lawrence look not glowingly brillant.
@Luna Azule – “Why cut off someone with that much to say?” As always, to sell the book(s). It’s a teaser and it’s working on me.
Nice one Bill, I now forgive you for Vista
@vsedai Nah, it was mostly going East from Seattle.
@rockerojuan I prefer win8 than Win10. Most of my games don’t work on it.
@Turey TainoI do admit, a lot of games and applications were not compatible with Windows 10. Some of mine worked after running the computability test.
I mean how many billions they need to live ?
@Turey Taino I am not being paid to defend them. Punishing them because they worked hard and earned money is nothing but showing extreme jealousy and hatred
The amount of government spending is exorbitant. A senator read off examples of gov’t waste, and there were things like several hundred thousand dollars given to a university to study whether the first words by Neil Armstrong when he set foot on the moon were, “one small step for man” or “one small step for a man” when he said “one small step for man but one giant leap for mankind.”
They found, after the money was used, the study concluded it was inconclusive which he said. ☺ I’m not joking. They could have called him and simply asked him, at the time. And really, was it that important anyway?
If they were trying to secure funding for that in the private sector, would anyone give them hundreds of thousands of dollars to research it?
That’s just a small example of the government waste. Yet the billionaires are to blame that the government needs more money? ☺
Companies are publicly owned, the billionaires don’t own them. Now with phone apps people can easily buy and sell stock. It doesn’t take much money. The Robbinhood app will give a free stock to get started. This African American guy has figured out how to make money with the apps, and explains how he does it.
http://www.gigwiz.org/day-trading-101.html
https://www.thebalance.com/best-investment-apps-4154203
Intercat, How much of it will you see? Likely, it will get grabbed up by the people in charge of managing it for the “greater good.” At least historically that’s what has happened.
@Syclone0044 Bill Gates and his wife are applauded for their Foundation. However we can’t rely on individual contributions to fixing these world’s problems. What if Bill Gates had decided to keep his money instead? My point is you can’t expect people to step up because history has shown that they tend to be greedy instead.
Hope our next President has economic advisors like Duflo and Krugman! We sorely need smart people setting smart agendas and enacting smart policies again!
@Dayton Longhofer –Like McCain picking Palin for a running mate! Sssssssss!
Add Robert Reich to it !!!!!!!
@megahappy2beme We like Reich! Few others could have included, as well. Not to leave anyone deserving out.
Yang puts these topics at the center of his campaign. He talks about low rates of internal movement and how the NIT experiments did not discourage work.
Karen ,why?😟😟😟
@Karen Andrew Yang – The only presidential candidate with a plan to end gridlock and restore Democracy.
https://www.amazon.com/War-Normal-People-Disappearing-Universal/dp/0316414212
@Karen Dude put a fork in it. Andrew Yang is going to be President.
Either that or we could just vote Trump in again.
She (and her husband) are big proponents of UBI too.
The problem is some companies pay absolutely almost zero percent one example is the company Activision they pay zero to close to zero and hid their money. Destructive tax breaks are the problem.
@Kevin NYC except most companies are not re investing in companies and are rather cutting jobs whole making huge profits, I’m not against capitalism but let’s not pretend that this isn’t happening lol.
@Shalucard I dont know if that is true. Employment is at an all time high. Either way, I agree, all companies want high profit and low expenses. Whether or not they hire is about balancing the two.
Companies can avoid income taxes by not generating income. Successful companies that earn profits are punished while failed companies are rewarded. Taxes based on sales and revenues are better.
Exactly why all those Western and Northern European nations ditched their (INEFFECTIVE) wealth tax for a VAT.
Gates mentioned 70% taxation rates. When he was founding Microsoft in the 70s that’s what the rate was. It obviously didn’t stunt any of the early innovations in data processing in those days.
@dan crouse whether he paid it or not, he kept working toward it like crazy — that high taxation back then did nothing to stunt his drive (or any others) to acquire wealth. in fact, he was more ruthless, then, than he is now (altho there’s several reasons for the change).
@Weldon Mix Well, there were certainly times I felt they sold me a “bill of goods”; remember all the BSODs?
@Daryl Griffin It’s called equalization, just like when all of the good paying factories left America, so the CEO’s could get richer, it ruined our economy. They should have left the tax at 70%, but that stupid Reagan undid it!
So you are saying when he got to keep less of his money he was ruthless kind of supports lower taxes point being if you never paid 70% tax it doesn’t belong in argument what was tax rate in 1986 when Microsoft went public that time of investment is what is important lower tax rates mean investors have more money to take risks with if you have less money you take safe investments
Can we get some Bernard Sanders please?!?!
@Mimi Brown underestimate? His poll numbers havent gone up one point in the last 6 months lol
Yugioh Pokemon they never mention his name and he’s always in the top 3… so…. yeah. Keep chuckling
Yugioh Pokemon you’re not even American… spreading lies about what trump or Bernie pays in taxes. PeeOTUS won’t release his taxes…. bye dummy
@Mimi Brown its not hard to google what they both paid in taxes. Are you too lazy to use google or should i give you links?
Watch “Bernie’s in the Lead—But CNN Will Never Say So” on YouTube
https://youtu.be/-eBvXqDZS9M
0:01 There is some guy called Bernie Sanders too. Look him up Lawrence.
@Badidea Bearcub Watch “Bernie’s in the Lead—But CNN Will Never Say So” on YouTube
https://youtu.be/-eBvXqDZS9M
Protecting my Rights *stent (it’s Latin for support)
@Protecting my Rights I am sorry, it wasn’t my intention. I’m totally oblivious of medical conditions, I didn’t know the difference, that you kindly pointed out, between a stroke, or a heart attack (mild or severe). Everything gets magnified during campaign season, like the one time Hillary fainted.although insignificant, it still affected their standing in the polls.
@Badidea Bearcub I believe most people try to tell the truth. The problem is sometimes people don’t know the truth to tell. Happy Holidays to you and yours.
Great interview, thanks! But since Warren’s ideas really comes from Bernie Sanders, he should be mentioned in this discussion. For some reason he seems to be persona non grata on CNN. And I’m a Swede, noticing this!
_”Warren’s ideas really comes from Bernie Sanders”_
*No.*
If that’s your impression, then you’ve only been half paying attention. I hope you give Swedish politics much more effort.
Actually, he is mentioned more on CNN than MSNBC. He is completely ignored at MSNBC unless it is something negative.
🙌🏾
Umm taxing the rich is not a bernie sanders idea
If Warren really cared about the people she would have ran against Hillary in 2016.
this is likely a ploy to take attention off Bernie who is more hated by billionares
Bill Gates is such a liar and conman…just like Trump.
Bill Gates is such a liar and conman…just like Trump.
That’s all this is. They’re trying to take away his momentum. Bernie didn’t receive a fraction of this attention last time round
While I wouldn’t mind warren in office, that no one is saying a thing on Bernie. Is warren the lesser evil in corporate media’s eyes?
No.
They’re just pretending he does not exist.
Ever heard the phrase “bad publicity is better than no publicity” ?
Can we have Bernie Sanders. Here..
” live long and prosper “.
“Get elected and prosper” there, fixed it for you.
Isn’t it interesting that all these billionaires are positioning themselves against warren? Bernie is way more scary to them and we all know it.
@Brian Bevilacqua Their tactic is to pretend Bernie does not exist and focus on Warren. Because they know that Warren won’t actually change anything (she is all talk, just like Obama). And they know that the media will go along with their strategy to erase Bernie’s campaign. Notice how Lawrence didn’t mention Bernie once in this whole segment.
@The Magic Theatre Yup, we are going to have to hit the streets for Bernie. My car just broke down again, grabbed the bike out of the basement, made another donation.
This site get’s FINALLY, one interesting person and she’s cut off. Now I know why I don’t come here often.
You are right – Duflo is astounding. I sympathize with your disappointment that she speaks here for only five minutes out of an 11-minute segment that was titled for two other people. I looked, and MSNBC has no full segment devoted to her. However, CBS and BBC have only one each. Fox has none. I assume you are American and speak neither French nor Bengali. Where do you go for Duflos conversations? I am always open to looking at new sites.
@Intercat Thank you but who’s Duflo? And you’re right I’m a typical American that only speaks one language (and for many, not that language well) But, unlike EU we’re not surrounded by different cultures to learn or have to know other languages. However, the fact that America invented the device you’re commenting a criticism towards them on, means it gets at least something right…right?
“…find a way…”:
HIS INVOLVES TAX BREAKS; I.E., TAX WRITE OFFS!
Warren, not Sanders? Hmmm, so much for “…honest… philanthropy…”
Why is there still a Bernie blackout?
because they know hes gonna tax their billions of profit
Why not Billionaires vs Sanders? He represents far more of a threat to the status quo, which is why these networks are pretending that he doesn’t exist.
Would he vote for Bernie? That’s my question because he will be our nominee! Bernie 2020
MSM will not mention Bernie. His wealth tax is much more progressive.
Why is it that Socialists-Communists keep labeling their platforms as “progressive”? That word implies progress, yet history teaches us that Socialism-Communism is ALWAYS regressive.
Awww, those “poor” billionaires. Whomp whomp.