Question

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What effect has Bill Gates and the rise of the Microsoft Corporation had on the U.S. economy?

A.

a negative effect because Bill Gates originally started Microsoft as a non-profit company, so the government can never collect taxes from the corporation

B.

a negative effect because Microsoft is in the top tier of the U.S. tax brackets, however, it pays less money in taxes than most companies

C.

a positive effect because under Bill Gates, Microsoft has created many thousands of jobs, brings in billions of dollars in taxable revenue

D.

a positive effect because Bill Gates is seen as an example of the American dream, which has encouraged many people to become successful entrepreneurs

Answer 1

He created thousands of jobs, brings in billions of dollars in taxable revenue and serves as example to American dream by encouraging them to become successful entrepreneurs

Bill Ga.te does not only positively impacted the United State economy, but also impacted all countries and the world economy at large.

• In recent times, his impact are felt through funded work in areas which includes global health, emergency relief, education, poverty etc.

• During this Covi,d-19 crisis, he pumped more than $1.75 billion into the relief efforts to make life easier for the citizens.

In conclusion, the effect that he had includes creating many thousands of jobs, brings in billions of dollars in taxable revenue and serves as example to American dream by encouraging them to become successful entrepreneurs.

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