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92Y: Bill Gates: A Conversation with My Father

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92Y: Politics and World Events

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Bill Gates Sr. Advocates for the Estate Tax

04 min 13 sec

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Bill Gates Sr., father of Microsoft founder Bill Gates, expresses his support for the estate tax. He argues that dying rich is a result of American values and the estate tax returns that wealth to Americans. "It seems to me just a simple call by society on that accumulation of funds to come back to society," say Gates Sr.
Bill Gates: 10,000 Hours and a Lifetime of Fanaticism

03 min 08 sec

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Bill Gates responds to Malcolm Gladwell's theory that it takes 10,000 hours of deliberate practice to master a skill. Apart from acknowledging luck, timing and an open mind, Gates suggests that a successful person survives many cycles of attrition to make it to 10,000 hours of experience. "You do have to be lucky enough, but also fanatical enough to keep going," explains Gates.
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01 hr 04 min 55 sec

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Previous FORAtv comments:

Fora2

Posted: 05.04.11, 09:58 AM

In 1979, the top 1% got 9% of GDP. Last year the top 1% took 23.5% of our GDP! Forbes' 400 Americans' combined wealth is now MORE than the combined wealth of 50% of Americans - PolitiFact. Corporations paid an average 6.6% income tax, and many, like G.E., paid NO federal taxes last year, even though they made $14+ billion! Then in 2010 American CEO's gave themselves an average 27% raise! Welcome to our new American "Corporate Plutocracy!" Yes, GOP/Tea Party, please cut taxes on the rich again??

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