Senator Elizabeth Warren (D-MA) has renewed her call for a wealth tax on some of the richest people in the United States and singled out Amazon CEO Jeff Bezos for his relatively low salary.
Warren took to Twitter on Friday and highlighted the fact that while Bezos is worth tens of millions of dollars, he draws a salary roughly equivalent to a Massachusetts public school teacher.
Read more at:
Elizabeth Warren Demands Wealth Tax, Says Jeff Bezos Gets Same Salary as Teacher
Showing posts with label Wealth Tax. Show all posts
Showing posts with label Wealth Tax. Show all posts
6/21/21
1/13/20
USA -Wealth Tax: Majority of Americans want a wealth tax on the very rich - by Kerry Eleveld
Imposing a wealth tax on very rich individuals draws strong majority support across a broad swath of voters, according to a recent Reuters/Ipsos poll.
The extensive survey of 4,441 respondents found that 64% of the public either strongly or somewhat agreed with the sentiment that "the very rich should contribute an extra share of their total wealth each year to support public programs," which is exactly what a wealth tax accomplishes. The statement drew support from 77% of Democrats and also 53% of Republicans, and reactions were pretty consistent across gender, race, and household income.
Gallup polling on the issue over the past several decades suggests a wealth levied on people's net worth has grown significantly in popularity during the past 10 years, following the market crash and ensuing recession.
Both Sens. Bernie Sanders and Elizabeth Warren favor a wealth tax. Warren has made a 2-cent tax on anyone's net worth over $50 million a central pillar of her campaign. The idea of a wealth tax has polled consistently well over the past year.
Read more at: Majority of Americans want a wealth tax on the very rich
The extensive survey of 4,441 respondents found that 64% of the public either strongly or somewhat agreed with the sentiment that "the very rich should contribute an extra share of their total wealth each year to support public programs," which is exactly what a wealth tax accomplishes. The statement drew support from 77% of Democrats and also 53% of Republicans, and reactions were pretty consistent across gender, race, and household income.
Gallup polling on the issue over the past several decades suggests a wealth levied on people's net worth has grown significantly in popularity during the past 10 years, following the market crash and ensuing recession.
Both Sens. Bernie Sanders and Elizabeth Warren favor a wealth tax. Warren has made a 2-cent tax on anyone's net worth over $50 million a central pillar of her campaign. The idea of a wealth tax has polled consistently well over the past year.
10/21/12
France’s wealth tax comes under fire
Fashion designer Karl Lagerfeld has accused President Francois Hollande of destroying France’s economy by imposing painful taxes on the rich, calling the Socialist leader an “idiot”.
The creative director of French fashion house Chanel, whose clients are largely the wealthy who stand to be most affected by Hollande’s tax hikes, likened the president to Spanish Socialist former prime minister Jose Luis Rodriguez Zapatero.
“This idiot will be as disastrous as Zapatero was,” Lagerfeld said in an interview with the Spanish edition of glossy fashion magazine Marie Claire published on Friday.
He added a famously blunt celebrity voice to criticism from business leaders at tax increases Hollande is slapping on companies and the wealthy in trying to reduce France’s big public deficit.
Read more: France’s wealth tax comes under fire - thestar.com
The creative director of French fashion house Chanel, whose clients are largely the wealthy who stand to be most affected by Hollande’s tax hikes, likened the president to Spanish Socialist former prime minister Jose Luis Rodriguez Zapatero.
“This idiot will be as disastrous as Zapatero was,” Lagerfeld said in an interview with the Spanish edition of glossy fashion magazine Marie Claire published on Friday.
He added a famously blunt celebrity voice to criticism from business leaders at tax increases Hollande is slapping on companies and the wealthy in trying to reduce France’s big public deficit.
Read more: France’s wealth tax comes under fire - thestar.com
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