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Nov 20 2019

Jeff bezos donations




Jeff bezos donations-Jeff bezos donations
Jeff bezos donations-The Microsoft co-founder has given $100,000 to defeat Initiative 1098, a tax ballot Bill Gates’ father helped create.

Paul Allen Joins Ballmer and Bezos In Tax Fight Versus Gates Family

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Paul Allen. Image by AFP/Getty Images via @daylife

The battle over income tax among Seattle’s billionaires has escalated this week, with Microsoft co-founder Paul Allen joining the firm’s CEO Steve Ballmer and Amazon’s Jeff Bezos in opposing a tax initiative Bill Gates’ father helped create.

Allen has given $100,000 to defeat Washington State’s Initiative 1098 according to paperwork filed on Friday, matching donations made by fellow Forbes 400 tech power players Ballmer and Bezos last month. All three are among America’s top 20 richest people, although their wealth doesn’t compare to that of Gates, who has yet to give to his father’s cause but is said to support it.

Allen’s spokesperson David Postman told Forbes that this difference of opinion over 1098 is unlikely to create any sort of rift between the former Microsoft colleagues.

“All these guys are frankly experienced business people who understand politics,” he said. “It may be unusual that the business community is so divided among these big names, but it is not unusual for these guys to disagree.”

Postman added that Allen sees 1098 as a “bad initiative”, and is concerned a tax increase could discourage skilled workers from moving to Washington State. “He’s got three tech start-ups now in Seattle, and he’s hiring people from all around the country and all around the world,” he said. “It matters. This removes that.”

In the most recent issue of Forbes, Janet Novack and Ashlea Ebeling examined the fight over 1098, which would add a 9% levy on incomes over $1 million for couples and $500,000 for individuals. Bill Gates’ lawyer father is a main sponsor of the initiative, and has donated $500,000 to the cause, which will appear on the state’s November ballot.

It isn’t just Allen and Ballmer and their Seattle tech peer Bezos who oppose 1098. The company Gates founded, Microsoft, is on a list released by anti-tax campaigners of employers joining forces to defeat the bill.

Paul Allen. Image by AFP/Getty Images via @daylife

The battle over income tax among Seattle’s billionaires has escalated this week, with Microsoft co-founder Paul Allen joining the firm’s CEO Steve Ballmer and Amazon’s Jeff Bezos in opposing a tax initiative Bill Gates’ father helped create.

Allen has given $100,000 to defeat Washington State’s Initiative 1098 according to paperwork filed on Friday, matching donations made by fellow Forbes 400 tech power players Ballmer and Bezos last month. All three are among America’s top 20 richest people, although their wealth doesn’t compare to that of Gates, who has yet to give to his father’s cause but is said to support it.

Allen’s spokesperson David Postman told Forbes that this difference of opinion over 1098 is unlikely to create any sort of rift between the former Microsoft colleagues.

“All these guys are frankly experienced business people who understand politics,” he said. “It may be unusual that the business community is so divided among these big names, but it is not unusual for these guys to disagree.”

Postman added that Allen sees 1098 as a “bad initiative”, and is concerned a tax increase could discourage skilled workers from moving to Washington State. “He’s got three tech start-ups now in Seattle, and he’s hiring people from all around the country and all around the world,” he said. “It matters. This removes that.”

In the most recent issue of Forbes, Janet Novack and Ashlea Ebeling examined the fight over 1098, which would add a 9% levy on incomes over $1 million for couples and $500,000 for individuals. Bill Gates’ lawyer father is a main sponsor of the initiative, and has donated $500,000 to the cause, which will appear on the state’s November ballot.

It isn’t just Allen and Ballmer and their Seattle tech peer Bezos who oppose 1098. The company Gates founded, Microsoft, is on a list released by anti-tax campaigners of employers joining forces to defeat the bill.

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Jeff bezos donations

SOURCE: http://www.forbes.com/sites/clareoconnor/2010/10/13/paul-allen-joins-ballmer-and-bezos-in-tax-fight-versus-gates-family/


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