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Dear Friend,
Jeff Bezos has picked a fight with Senator Elizabeth Warren.
Warren called out Amazon for its union-busting, low-wage-paying, tax-dodging ways. Amazon's Twitter account, under the direction of Bezos, shot back in a big way. The company wrote a series of tweets accusing Warren of not protecting workers and not raising the minimum wage.1
Sen. Warren is one of the strongest voices we have in the fight to make corporations pay their fair share, and we can’t let Amazon spin this narrative.
Will you donate to Demand Progress and help Elizabeth Warren pass the Wealth Tax?
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Bezos is attempting to turn public opinion against Sen. Warren because she is attempting to pass a 3 percent tax on all assets over $1 million.2
For Bezos, it would be a $5.8 billion check to the government, leaving him with . . . [checks notes] . . . $175 billion.3 He would make that back in 17 days.4
But the tax on people like Bezos, Elon Musk, and Warren Buffett would give the government $2.75 trillion in ten years. That could help lift tens of millions of people out of poverty, help support Medicare for All, and help fund the fight against climate change.5
Economists have long warned of a COVID-19 recovery that could tank again, and we need to put a stop to the rich getting richer while working families suffer.6
Amazon’s last tweet to Warren: “If you don’t like the laws you’ve created, by all means, change them.”7 That’s exactly what we plan to do. Will you donate to help pass the wealth tax?
Yes, I’ll donate to Demand Progress.
Thanks for standing with us.
Robert Cruickshank,
Demand Progress
Sources:
1. The Hill, "Amazon tangles with Warren on Twitter," March 26, 2021
2. The New York Times, "Warren Revives Wealth Tax, Citing Pandemic Inequalities," March 1, 2021
3. CNBC, "Jeff Bezos would pay over $5 billion a year under Warren’s wealth tax," March 2, 2021
4. Archyde, "How much money Jeff Bezos makes per minute, hour and day," November 25, 2020
5. The New York Times, "Warren Revives Wealth Tax, Citing Pandemic Inequalities," March 1, 2021
6. The Washington Post, "How a ‘K-Shaped’ Recovery Is Widening U.S. Inequality," December 16, 2020
7. Tweet by Amazon News, March 25, 2021
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