As tax season starts its engines, politicians are pitching tax proposals that put the ultra-wealthy in their crosshairs.
The proposals, which are seen as part cry against income inequality and part revenue stream, were pitched by Sens. Elizabeth Warren, D-Mass., and Bernie Sanders, I-Vt., and Rep. Alexandria Ocasio-Cortez, D-N.Y. The proposals would have Amazon CEO Jeff Bezos writing a check to the IRS with nine zeros in it. That’s nine times as many zeros as Amazon’s 2018 corporate income tax payment.