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American businessman and philanthropist (born 1955)
William Henry Gates III is an American businessman and philanthropist. A pioneer of the microcomputer revolution of the 1970s and 1980s, he co-founded the software company Microsoft in 1975 with his childhood friend Paul Allen. Following Microsoft's initial public offering in 1986 and the subsequent increase in its stock price, Gates became the world's then-youngest billionaire in 1987, at age 31. Forbes magazine ranked him as the world's wealthiest person in their The World's Billionaires list for 18 out of 24 years between 1995 and 2017, including 13 years consecutively from 1995 to 2007.
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US federal payroll tax to fund Social Security and Medicare
The Federal Insurance Contributions Act is a United States federal payroll tax payable by both employees and employers to fund Social Security and Medicare—federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.
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Bill Gates has again called for a tax on robots, nine years after he first made the case in 2017. In an interview with Ezra Klein of The New York Times that aired last week, the Microsoft founder said "society gets to decide" how to support its workers, even if AI is pushing them out.