The editorial board at Jeff Bezos’s newspaper railed against a wealth tax without noting the Amazon founder stands to benefit from its tax policy prescriptions.
We have known since he bought one of the most respected papers in the country that he would bend it to the protection of his political beliefs and his wallet. The damage to the paper's reputation may prove lethal.
His purchase of most respected newspapers killed freedom of speech at once. It also seems to have killed any accountability for any assets or earnings for the very rich. I wonder when people will put together this information, take a look at Trump and finally, see the light bulb over there heads turn on. Greed. Pure and simple. It takes time for a comfortable middle class to feel the pinch in their own home. when they do? THEN they will cry unfair. And it will be too late
I can’t imagine why lowering the current estate and gift tax exemption of $30 million for married couples to, say, $10 million would not be consistent with “prioritizing healthy public finances.” We are running Federal deficits of one trillion dollars a year, are we not?
It’s no secret that Cheeto has a cadre of kiss ass billionaires around him to buoy his shit policies and regime It’s also no secret that there is a huge wealth gap in this country with billionaires getting richer as the middle and lower income classes struggle to make ends meet Only an asshole like Cheeto would dream up a scheme to buy votes with less than a promise he would follow through
Michael Dell of Dell Computers is making a “donation” to kids of low income families to the tune of $6B (yes that’s with a “B”) to fund what will be called “Trump accounts” Of course this is not out of the generous heart of Dell He’s been cajoled to make a Republican Nazi “business deal” donation for Cheeto so he can make good with his “Trump accounts”
This money according to the deal will be invested for the children So what makes this different than Dell investing for himself? And what happens when Cheeto is not president? Will the money get pulled and go away? So this is just another Cheeto grift to possibly persuade some voters who don’t know any better And furthermore BOYCOTT Dell There are plenty of other good computer companies out there In short any company that contributes to this Nazi regime should be boycotted eg Target, HP, Home Depot, Avelo Air, Amazon, Spotify, WaPo, AT&T, TMobile, Comcast etc, etc, (https://bit.ly/4oB62p4)
Media should be required to include statements of conflict of interest when stories they report on, or even those they exclude from publication, are so treated because they conflict with the well-being of their corporate owners or the wishes and interests of owners, Boards of Directors or major shareholders or major advertising sponsirs. The absence of such disclosures should signal consumers to stop and consider the validity of such publications as a source of accurate news, truthful presentation of facts. If food and medicine requires warning labels, so should food for thought, the media we need to make informed choice and to inform ourself of bias and mis-information in news reporting. Opinion pieces should never be represented as news stories and siting sources and data for fact-based issues, like science and health, nutrition and medicine should be part of any media reporting, especially in the Press.
Who would expect anything less. After bribes they gave to dt! They have always a country where the wealthy are able to hide their illicit gains. One thief to another !
Why don't we tax based on the net worth of individuals or corporations, with just leaving out the house they live in?
A mere 2% flat rate every year would take care of the cost of Medicare for every resident of the US. While at it stop charging the seniors for the premium on Medicare and provide as a right instead of an insurance, which it currently is.
I do not know what the “wealth tax” IS GOING TO BE. I am nervous because whenever the government talks about taxes, even if it is a wealth tax, they are interested in taxing YOU not the wealthy. If it is what I suspect a tax on appreciated gains that have not been realized, like the appreciation of your house that you have not yet sold. A tax on that is going to hurt you because you likely do not have the money to pay the tax since you have not sold the property. WEALTHY PEOPLE WILL get around this somehow but you will not, be afraid.
You cannot expect Bezos or anyone including Zeteo, to propose anything that is going to hurt them or their organization in any significant way. This should not surprise anyone.
"What happens to those gains if Bezos dies? Under current law, they vanish. Neither Bezos’s estate, nor anyone who inherits the Amazon shares, would pay income tax on the gains. Even when they sell the shares."
Can someone explain how this is possible? Just give me a clue.
Both France and Sweden experienced similar outflows of people and money to escape wealth taxes.
"The revenue it raised was rather paltry," Bloomberg observed of France's efforts. "Only a few billion euros at its peak, or about 1% of France's total revenue from all taxes. At least 10,000 wealthy people left the country to avoid paying the tax."
As a result, NPR reported in 2019 during a national U.S. debate over wealth taxes, "In 1990, twelve countries in Europe had a wealth tax. Today, there are only three: Norway, Spain, and Switzerland." The Rattler, a Reason newsletter from me, J.D. Tuccille. 12/3/2025
I wouldn’t be even slightly disappointed if a U.S. wealth tax caused our billionaires to flee. They, after all, aren’t paying any income taxes and mostly suckle at the teat of every day, working citizens who do.
Billionaires don’t seem to realize that whatever taxes are passed they will still be billionaires and never be able to spend it all.
After so much money, even greed becomes pointless.
We have known since he bought one of the most respected papers in the country that he would bend it to the protection of his political beliefs and his wallet. The damage to the paper's reputation may prove lethal.
His purchase of most respected newspapers killed freedom of speech at once. It also seems to have killed any accountability for any assets or earnings for the very rich. I wonder when people will put together this information, take a look at Trump and finally, see the light bulb over there heads turn on. Greed. Pure and simple. It takes time for a comfortable middle class to feel the pinch in their own home. when they do? THEN they will cry unfair. And it will be too late
I can’t imagine why lowering the current estate and gift tax exemption of $30 million for married couples to, say, $10 million would not be consistent with “prioritizing healthy public finances.” We are running Federal deficits of one trillion dollars a year, are we not?
Cheeto Busy Buying Votes Using Billionaires Money
It’s no secret that Cheeto has a cadre of kiss ass billionaires around him to buoy his shit policies and regime It’s also no secret that there is a huge wealth gap in this country with billionaires getting richer as the middle and lower income classes struggle to make ends meet Only an asshole like Cheeto would dream up a scheme to buy votes with less than a promise he would follow through
Michael Dell of Dell Computers is making a “donation” to kids of low income families to the tune of $6B (yes that’s with a “B”) to fund what will be called “Trump accounts” Of course this is not out of the generous heart of Dell He’s been cajoled to make a Republican Nazi “business deal” donation for Cheeto so he can make good with his “Trump accounts”
This money according to the deal will be invested for the children So what makes this different than Dell investing for himself? And what happens when Cheeto is not president? Will the money get pulled and go away? So this is just another Cheeto grift to possibly persuade some voters who don’t know any better And furthermore BOYCOTT Dell There are plenty of other good computer companies out there In short any company that contributes to this Nazi regime should be boycotted eg Target, HP, Home Depot, Avelo Air, Amazon, Spotify, WaPo, AT&T, TMobile, Comcast etc, etc, (https://bit.ly/4oB62p4)
I have nothing to do with these idiots buying a media source and then destroying them for their own gain. How much money more does this MoFo need?
Media should be required to include statements of conflict of interest when stories they report on, or even those they exclude from publication, are so treated because they conflict with the well-being of their corporate owners or the wishes and interests of owners, Boards of Directors or major shareholders or major advertising sponsirs. The absence of such disclosures should signal consumers to stop and consider the validity of such publications as a source of accurate news, truthful presentation of facts. If food and medicine requires warning labels, so should food for thought, the media we need to make informed choice and to inform ourself of bias and mis-information in news reporting. Opinion pieces should never be represented as news stories and siting sources and data for fact-based issues, like science and health, nutrition and medicine should be part of any media reporting, especially in the Press.
Who would expect anything less. After bribes they gave to dt! They have always a country where the wealthy are able to hide their illicit gains. One thief to another !
Why don't we tax based on the net worth of individuals or corporations, with just leaving out the house they live in?
A mere 2% flat rate every year would take care of the cost of Medicare for every resident of the US. While at it stop charging the seniors for the premium on Medicare and provide as a right instead of an insurance, which it currently is.
If the post wants to protect the oligarchs, then we should protect our fellow workers
I do not know what the “wealth tax” IS GOING TO BE. I am nervous because whenever the government talks about taxes, even if it is a wealth tax, they are interested in taxing YOU not the wealthy. If it is what I suspect a tax on appreciated gains that have not been realized, like the appreciation of your house that you have not yet sold. A tax on that is going to hurt you because you likely do not have the money to pay the tax since you have not sold the property. WEALTHY PEOPLE WILL get around this somehow but you will not, be afraid.
The WAPost position is consistent with its past as well as its current editorial policy.
Thanks, Bob Lord. I’m one of the subscribers The Post has lost. In fact, I’ve rid myself of all things Bezos.
You cannot expect Bezos or anyone including Zeteo, to propose anything that is going to hurt them or their organization in any significant way. This should not surprise anyone.
"What happens to those gains if Bezos dies? Under current law, they vanish. Neither Bezos’s estate, nor anyone who inherits the Amazon shares, would pay income tax on the gains. Even when they sell the shares."
Can someone explain how this is possible? Just give me a clue.
Both France and Sweden experienced similar outflows of people and money to escape wealth taxes.
"The revenue it raised was rather paltry," Bloomberg observed of France's efforts. "Only a few billion euros at its peak, or about 1% of France's total revenue from all taxes. At least 10,000 wealthy people left the country to avoid paying the tax."
As a result, NPR reported in 2019 during a national U.S. debate over wealth taxes, "In 1990, twelve countries in Europe had a wealth tax. Today, there are only three: Norway, Spain, and Switzerland." The Rattler, a Reason newsletter from me, J.D. Tuccille. 12/3/2025
I wouldn’t be even slightly disappointed if a U.S. wealth tax caused our billionaires to flee. They, after all, aren’t paying any income taxes and mostly suckle at the teat of every day, working citizens who do.