Cascade Investment LLC is a private investment and holding company.
The company describes itself as a diversified investment company. Its investments include more than half the Bill Gates fortune:
- Auto Nation
- Berkshire Hathaway
- Canadian National Railway
- Dante Giovanni Corporation
- Coca Cola Femsa SAB de CV – 20% stake
- Cox Communications
- FEMSA (Mexican brewer)
- Four Seasons Hotels and Resorts – 42.5 percent
- Newport News Shipbuilding
- Otter Tail Power Company
- Pan American Silver Corporation
- Republic Services, Inc
- Sapphire Energy
- Schnitzer Steel Industries
- Wisconsin Central Transportation
No wonder Gates favors unlimited immigration and H-1b visas, changes in law that would benefit his financial interests by lowering wages and increasing American unemployment.
Published by Fred Donaldson
First full-time job at 17 was dollar-an-hour newspaper copyboy at the Evening and Sunday Bulletin (760,000 daily). Promotions led to general assignments and rewrite at that Pulitzer Prize winning newspaper (1964 and 1965). After the Bulletin, served as the editor of Valley Forge Sentinel and Conshohocken Recorder, Sr. VP of their newspaper group in 1972, and became publisher in 1975 of the West Oak Lane Leader - an African-American community newspaper - for the next 18 years.
In 1993 named president of ING's 18-newspapers in Metro Philadelphia and New Jersey. Company was later purchased by JRC (NYSE), and I was appointed publisher of the Montgomery/Bucks/Philly newspaper division by the infamous Journal Register CEO Bob Jelenic.
During the 60s and 70s, I corresponded for the United States Information Agency, reporting and writing for publication in foreign countries.
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5 thoughts on “Bill Gates investments are not just in Microsoft”
Fred Donaldson, in my previous comment, I meant to add that if we got to keep our whole paychecks free of tax,
Fred Donaldson, basically you want to punish productive behavior as well as financial investments and not encourage them? You also want to tax and spend the U.S. into bankruptcy? Why not tax capital gains at 10% and all earned income above the poverty line at 10%, eliminating all the loopholes and deductions except for business purchases and charitable contributions? A flat tax that treats earned income and capital gains the same does not favor the rich at the expense of the poor and the middle class. When I referred to the capital gains tax in my last comment, I forgot the tax part in that response. Bill Gates and Warren Buffett claim that tax rates should be progressive. Do most people who advocate progressive taxes actually believe in that or is that all talk so they can dupe us into believing that so they can actually turn around and weasel their way out of paying those taxes? You also claim that the Fair Tax act benefits only the rich. If we get to keep our whole pay checks free of tax. Are you a tax and spend Socialist type who wants to spend the U.S. into bankruptcy or are you a person who advocates fiscal responsibility? If you claim to advocate fiscal responsibility and then out of the other side of your mouth support a progressive tax structure, then you are a hypocrite. Just like those other people who claim that tax rates should be progressive and yet use legal means to get out of paying these taxes.
Fred Donaldson, as far as taxes go, between a flat tax that treats earned income and capital gains the same, a progressive tax with no capital gains or a national sales tax, what would you vote for?
A progressive tax that treats all income the same.