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Elizabeth Warren makes fresh push for wealth tax – ‘Yes, Jeff Bezos, I’m looking at you’

by todayminutes
July 29, 2021
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Sen. Elizabeth Warren on Wednesday reignited her push for a tax on the wealth of the richest Americans and called out billionaire Amazon founder and space-tourism magnate Jeff Bezos for what she views as his failure to pay his fair share.

“I want to see us tax wealth, however your wealth is tied up. It shouldn’t make a difference whether you have real estate, or whether you have cash or whether you have a bazillion shares of Amazon. Yes, Jeff Bezos, I’m looking at you,” the Massachusetts Democrat said on CNBC’s “Squawk Box.”

“Whatever form you have your assets — diamonds, yachts, paintings — I think there ought to be a tax on that annually,” she added.

Bezos is the wealthiest person on Earth with a net worth of $207.7 billion, according to Forbes.

Amazon didn’t immediately respond to a CNBC request for comment on behalf of Bezos.

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.

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