Opinion: US needs to tax Elon Musk, Jeff Bezos and the Billionaire Boys Club out of their misery


Bezos once rarely appeared in social media, but has now taken to retweeting conservative thought leaders and openly feuding with President Joe Biden, calling the idea of pairing higher corporate taxes with the fight against inflation 'just misdirection.' — AP

America's Billionaire Boys Club has been on the top of the world in the fraught-for-everyone-else 2020s — except when they've liquidated a few billion dollars here or there to climb into their spaceship and soar above it.

During a global pandemic that has killed one million of their fellow US citizens, the nation's roughly 600 or so billionaires saw their wealth spike by an estimated 55%, with the richest of the rich doing even better than that. What's more, even 2021′s (just-barely) Democratic Party takeover on Capitol Hill can't produce the votes to increase taxes on these high earners, even as the middle class struggles with the cost of health care, college... and now everything else.

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