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Billionaire Jeff Bezos says Americans in the bottom half of earners should pay zero federal income tax, arguing they contribute relatively little tax revenue while facing the greatest financial pressure. Speaking on CNBC Wednesday, Bezos, who is estimated to be worth more than $270 billion, noted the top 1% of taxpayers pay 40% of all federal income taxes, while the bottom half pay just 3%. He argued a nurse earning $75,000 “shouldn’t be sending money to Washington.” Median U.S. household income
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@Patriotic Millionaires UK asked Lord Brighty to explain what a wealth tax actually looks like. But it didn't quite go to plan for our poor old Lord 🤪 Our proposed wealth tax would only affect anyone with more than £10 million. So a 2% wealth tax on Lord Brighty's £11 million, would only be £20,000. TINY in comparison to all those balls. And it could raise £24 BILLION a year for the country. Isn't it obvious?
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