A wealth tax, one of the most hotly debated tax proposals, has grown in popularity with populist and progressive politicians as a means to combat economic inequality.
During her 2020 presidential campaign, Warren proposed a 2% annual "ultra-millionaire tax" on net worth over $50 million and 6% on fortunes of more than $1 billion. The revenues generated from such a tax — $2.7 trillion over a decade, according to the Wharton School — would have been deployed to improve health care, child care, housing and education programs.
Warren mentioned Bezos multiple times during her interview, arguing that he and others have unfairly avoided paying into the U.S. tax system thanks to low annual book income and borrowing against his most valuable asset — his Amazon stock holdings. "Jeff Bezos has not paid taxes on the wealth that he has," she said. He is worth "a bazillion dollars. He has not paid taxes on all of that wealth. ... In fact, Jeff Bezos, many years, has either paid nothing in taxes or has paid 1%."with his space-tourism company, Blue Origin.
"For every Amazon customer out there and every Amazon employee, thank you from the bottom of my heart very much. It's very appreciated," Bezos said after his flight.
Stop talking about it and do it. Who are you bull shitting.
Tìm Top,hien,gay kín,không ẻo lả
Words mean nothing without action.
Such an expert…Her interviews are hysterical if you have an understanding of finance. Term limits. Next please
Funny thing is that she only goes after the low hanging fruit and taxes people. What about identifying the waste and make some cuts in those areas
SenWarren Brilliant idea! How do you tax a farmer, whose only asset is the farm? I guess he would have to sell an acre a year! What about closing down loop holes and going after carried interest? I guess that is off limits from a political standpoint.
Democrats love 'tax' and 'give away free money'.
Taxing “not for profit” colleges with billion dollar tv deals will create more taxes than taxing the Bezos of the world.
This IS the time! And because it's all related-use this link to call your Senator to pass the For the People Act to reduce the political corruption & lobbyist influence that has stopped any real reforms-plus protect OUR voting rights:
Wow. Big brother coming alive. Government policy now targeting individuals. She obviously has not read the Equal Protection Clause of the United States Constitution.
I see that God BLESSED Jeff Bezos & thou SHALL not covet PLEASE!!!
SenWarren so you want to penalize someone for living the American dream. JeffBezos filled a need and capitalized on it. If you don’t like it, stop bitching about it and find a need and fill it. Instead, lifelong politicians leech of the rest of us that really work.
Perfect example of an out of control, and power hungry gov't.
Maybe she should float a bill stopping insider training by all her colleagues in congress. Yes I’m looking at you speaker pelosi and her husband, who makes millions on stock via info from pelosi
Wealth taxes are the most destructive tax to a society that believes in capitalism. If it were up to Warren every successful business would ultimately be nationalized.
Tax consumption!!!!!
Pocahontas needs attention again
A wealth tax is morally wrong. Income and consumption taxes are basically theft but somewhat understandable.
Converts wealth to cryptocurrencies. You can't confiscate anything now.
Tax the rich for what ? Any future prospect tax the rich and keep the poor poor
The U.S. used to celebrate corporate profit and revenue reports, as a matter of national pride. “Record year for U.S. Steel! … Rockefeller richest in the world!” Now they’re reviled. So weird.
how many jobs does he create each year? how much money and tax revenues does his efforts put in the economy and treasury? give him more rather than less incentives to take risk!!
He will pay when you prove u r an Indian
cmon Mr.Bezos, spend the billions on Earth, not the moon. Share the wealth :)
Bezos will be fine because his media says so👇
Notice how she sets the threshold ($50M) safely above her own level of wealth ($12M). Looks like sour grapes.
Lots of news about Jeff Bezos losing $13 billion in one day on Friday. By her logic, would he now get a tax credit for his unrealized loss?
Gotta love her
He should have given up American citizenship in 1994 lol
Isn’t she a millionaire , why doesn’t she donate all her money if she’s that bothered
The problem is housing. The government must take full control of housing and make sure that rents are no more than $400. Also, make available houses for $50,000.
Notice has she sets the threshold ($50M) safely above her own level of wealth ($12M). Looks like sour grapes.
However succesful you are, you attract enemies and haters.
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