CNBC: Elizabeth Warren makes fresh push for wealth tax – ‘Yes, Jeff Bezos, I’m looking at you’ (July 28, 2021)

CNBC has published an article, “Elizabeth Warren makes fresh push for wealth tax – ‘Yes, Jeff Bezos, I’m looking at you’”, which discusses Sen. Elizabeth Warren reignited push for a tax on the wealth of the richest Americans and how she called out billionaire Amazon founder Jeff Bezos. The article begins as follows:

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.

Click here to see the full article: “Elizabeth Warren makes fresh push for wealth tax – ‘Yes, Jeff Bezos, I’m looking at you’”

Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal

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