Robert Reich

Remember this the next time you hear someone claim the super-rich can't afford a wealth tax:

Last year, Jeff Bezos lost an estimated $57 billion, but he's still the third richest person in the world.

America's billionaires can afford to pay their fair share of taxes.

Apr 29, 2023 at 11:06pmWeb
Show threadDoug RutherfordApr 30, 2023
@rbreich Maybe we should be using Ivermectin on billionaires. It is, after all, designed for use on parasites.
Show threadRev.Hans Apr 30, 2023
@rbreich Canada’s oligarchs can afford it too
#taxtherich #cdnpoli
Show threadHeloisa PaitApr 30, 2023
@rbreich Yes, they can.
Show threadNick@NorthLondonApr 30, 2023
@rbreich
Just to spell that out so it makes it clear
£57bn =
57000 x $1 million.
$172 for every man, woman and child in the US
And Americans grumble about an extra cent on tax, they should wise up.
Show threadSimplySarahApr 30, 2023
@rbreich Totally agree that the super rich can afford a wealth tax. I didn't realize Bezos lost an estimated 57 billion. Out of curiosity - how did they come up with that estimate?
Show threadCraig ClarkMay 1, 2023
@rbreich