The New York Times

What's the Coolest Thing Bill Gates Is Doing?

Bill Gates, one of the world’s richest people, has given away $50 billion of his fortune. He talked with Andrew Ross Sorkin about politics, the Bill & Melinda Gates Foundation, family and his friendship with Warren Buffett in a wide-ranging conversation. This report has been edited and condensed.

There has been a question about the idea that vast fortunes in this country are able to be moved from the private sector into a foundation without paying tax. So the shares of Microsoft that you were able to generate, the shares that Warren Buffett was able to generate, there’s no capital gains on that, there’s no step-up on that. And so the U.S. taxpayer — the U.S. citizen — it’s not clear that they are beneficiaries of your success, to the extent you believe that they should be. What do you think of

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