Business & Economy

Business & Economy

File photo. Washington state's richest residents, including Bill Gates and Jeff Bezos, would pay a wealth tax on certain financial assets worth more than $1 billion under a 2021 proposed bill whose sponsor says she is seeking a fair and equitable tax code. Under the bill, starting Jan. 1, 2022, for taxes due in 2023, a 1% tax would be levied not on income, but on "extraordinary" assets ranging from cash, publicly traded options, futures contracts, and stocks and bonds. CREDIT: Elains Thompson/AP

Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country

Seattle’s technology billionaires are many things: innovators, visionaries, philanthropists and some less polite descriptors, depending on whom you ask. But thanks to some scrupulous digging by industry journal The Land Report, which tracks land ownership across the country, we now know that Microsoft co-founder Bill Gates has another feather in his multi hyphenated career cap: America’s Top Private Owner of Farmland. 

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