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Thursday, April 22, 2010

Schools Matter: Dear Harvard Gazette: Please Fact Check Bill Gates

Schools Matter: Dear Harvard Gazette: Please Fact Check Bill Gates

Dear Harvard Gazette: Please Fact Check Bill Gates

Bill Gates has a lot of money to give away in ways that shape the world in the image of Bill Gates. Microsoft received $12 billion in tax breaks between 1996 and 2000, and between 2000 and 2002, Microsoft's tax rate was 1.8% on almost $22 billion of pre-tax profits (Anyon, 2005). So Gates has lots and lots of money, certainly enough to turn the heads of Harvard's reporters, sent out to do a gush on the oligarch's visit yesterday.

Gates, it seems, is doing a five campus tour (the Ivys?) preaching the virtues of Teach for America and KIPP. After all, graduation is rolling around in a few weeks and, with no jobs to be had for this year's graduating