Carlyle tries again to slow the revolving door to the lobby
His stock is worth $170B+ So he gets taxed on everything over $1B. Pretty sure my math is right.
You're slightly wrong above. Under Frame's proposal the first $1 billion of intangible assets are exempt, so Bezos would only be on the hook for $700 million. Otherwise, great coverage of Oly!
House Finance chair floats $2.25B tax on Washington’s billionaires — mostly Bezos
His stock is worth $170B+ So he gets taxed on everything over $1B. Pretty sure my math is right.
You're slightly wrong above. Under Frame's proposal the first $1 billion of intangible assets are exempt, so Bezos would only be on the hook for $700 million. Otherwise, great coverage of Oly!