Virgin founder Richard Branson says the rich may need "heavy taxes"
If wealthy can't make capitalism work for more people, "we deserve to have very heavy taxes," philanthropist says
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Kate Gibson is a Reporter for CBS MoneyWatch in New York, where she covers business and consumer finance. She previously worked for CNBC and MarketWatch and has written for national news outlets, including Barron's, the Wall Street Journal and the Chicago Tribune.
If wealthy can't make capitalism work for more people, "we deserve to have very heavy taxes," philanthropist says
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