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5 Mar, 8 tweets, 4 min read
US billionaires would have paid a combined $114 billion under Sen. Elizabeth Warren’s proposed "ultra-millionaire" tax last year.

Here’s how much Jeff Bezos, Elon Musk, Bill Gates, and Mark Zuckerberg would pay. 💰

businessinsider.com/elizabeth-warr…
Warren proposed the bill, called the Ultra-Millionaire Tax Act, on Monday. It would apply an annual 2% tax on individual net worth between $50 million and $1 billion. Individuals would owe an annual 3% tax on net worth above $1 billion.
businessinsider.com/elizabeth-warr…
And about a third of the wealth tax would be paid by the 15 richest Americans, who combined have a fortune of more than $2.1 trillion, two tax groups said. businessinsider.com/democrats-prop…
At the end of 2020, Forbes data showed that Amazon CEO Jeff Bezos had a fortune of $191.2 billion. He’d have paid $5.7 billion in wealth taxes.

businessinsider.com/elizabeth-warr… An image of Jeff Bezos. Jeff Bezos would pay $5.7 billion un
At the end of 2020, Tesla and SpaceX CEO Elon Musk's real-time worth was $153.5 billion, after his wealth increased more than sixfold in 10 months. He’d have paid $4.6 billion in wealth taxes.

businessinsider.com/elizabeth-warr… An image of Elon Musk. Elon Musk would pay $4.6 billion unde
Microsoft co-founder Bill Gates had a fortune of $120 billion by December. He’d have paid $3.6 billion under Warren’s proposal.

businessinsider.com/elizabeth-warr… An image of Bill Gates. Bill Gates would pay $3.6 billion un
At the end of 2020, Facebook CEO Mark Zuckerberg was worth $99.9 billion. He’d have paid about $3 billion in wealth taxes.

businessinsider.com/elizabeth-warr… An image of Mark Zuckerberg. Mark Zuckerberg would pay about
Momentum for a wealth tax has grown during the pandemic. Billionaires made enough during the pandemic to pay for everyone's vaccine.

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