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If Jeff Bezos’s Wealth were taxed at 90% he would still have ~$17BN left over. https://www.bloomberg.com/news/articles/2020-07-01/bezos-s-wealth-soars-to-171-6-billion-to-top-pre-divorce-record
With $17BN you can buy every NBA franchise — All 30 NBA franchises and have almost $2BN to spare (Forbes values them collectively at $15.3 billion). https://www.bostonglobe.com/business/2013/09/19/what-billion-can-buy-you/0NdT5SAI0M0j6IpsceU2dJ/story.html
With $17BN you could buy 850 mansions equivalent to Tom Brady and Gisele Bundchen’s new $20 million California home.
You would have more $ than collective gross domestic product of tax havens Andorra ($4 billion), Liechtenstein ($5.1 billion) and Monaco ($6 billion), with $1 billion to spare.
$17BN - 10% of Bezos’ net worth - is as much as France have to an entire aerospace industry https://www.nytimes.com/2020/06/09/business/France-aerospace-industry.html
You could buy the Miami Marlins 17X over https://www.rd.com/list/what-can-a-billion-dollars-buy-you/
Suppose you had *just* one billion dollars. You could spend $5,000 a day for more than 500 years before you would run out of money. https://kool1079.com/how-to-spend-1-billion-in-25-years/?utm_source=tsmclip&utm_medium=referral
It’s an absolutely disgraceful policy failure that individuals are permitted to hoard gargantuan resources like this, through monopoly rents, while so many live in hunger, illness,poverty and despair.
According to UN officials, "$30 billion per year is needed to end world hunger". Yet Bezos decided not to end world hunger today. https://thomas-peham.com/projects/world-hunger
Compare the Warren plan, which was a modest ONE PERCENT over $1BN. https://www.nytimes.com/2019/02/18/upshot/warren-wealth-tax.html
