Sponsored Content
« Quick Hits | Main | The Moderate, Centrist Demented R@pist Joe Biden Attacks Texas and Mississippi for Opening, Calling It "Neanderthal Thinking" to Follow the Science Instead of Obeying the Teachers Unions »
March 03, 2021

Jeff Bezos Would Owe $5.7 Billion In Taxes for 2020 under Elizabeth Warren's "Ultra-Millionaire" Tax Plan, Claims CNBC

This can't possibly be right?

Can it?

Josh Caplan @joshdcaplan


CNBC: Bezos would owe $5.7 billion in taxes for 2020 under Ultra-Millionaire Tax Act

Look, I'm in favor of this.


Why it matters: The plan, which Warren introduced along with Reps. Pramila Jayapal (D-Wash.) and Brendan Boyle (D-Pa.) is similar to a proposal that was the centerpiece of Warren's campaign for the presidency in 2020.


Warren, a new member of the Senate Finance Committee, has long sought a tax increase on millionaires and billionaires in the U.S.

By the numbers: The bill would levy a 2% tax for people with a net worth between $50 million and $1 billion. Taxpayers with assets worth over $1 billion would be subject to a 3% tax.

The tax would not apply to people whose net worth is below $50 million.

The bill's sponsors estimate that it would raise $2.75 trillion in tax revenue over a ten-year period.


Not only have they conspired to rig an election, but they further used their wealth to propagandize for endless lockdowns which absolutely crushed middle-class and even somewhat wealthy business owners while making exorbitant profits for themselves.


For me, this isn't about "fairness" or even raising revenue.

It's about survival.

If billionaires are going to use their money to take away my political voice, I will use my political voice to take away their money.


Jeff Bezos, Bill Gates, and Mark Zuckerberg can get their tax protection from the Democrats they spend hundreds of millions of dollars to put into office.

As far as I'm concerned, the Republican Tax Protection Store is closed. For good.

I'd also like to slap an 80% surtax on any profits made by trade with China.

Because: Fuck You. War.


digg this
posted by Ace at 04:10 PM

| Access Comments




Recent Comments
Mr Aspirin Factory: "461 The OPEC chief died suddenly. Was set to retir ..."

Count de Monet: "There's buzz of an AOC run. Posted by: Anonosauru ..."

JackStraw: ">>There's buzz of an AOC run. God doesn't love ..."

Chuck Martel: "They somehow think everyone will be moved into "Me ..."

Jonah: "445. Excellent post Tom. I am behind enemy lines h ..."

Anonosaurus Wrecks, Now the Summer of Our Discontent [/s][/b][/i]: "Dem Nominee in 2024 - I'm not saying it's gonna be ..."

JROD : "@414 The James Madison-been with the same woman no ..."

Joe Mannix (Not a cop!): "I day without a header graphic on the Morning Repo ..."

[/i][/b]andycanuck (yikp0)[/s][/u]: "||Joe Biden and his climate change neurotics are p ..."

Village Idiot's Apprentice [/s] [/b] [/i]: "So Baltimore talk radio has been playing audio cli ..."

Jonah: "461. Epstein? Arkancide? ..."

AlaBAMA: "Fixing things would require giving up the Liberal ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64