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2026-05-31 10:45:18 UTC
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David Chisnall (*Now with 50% more sarcasm!*) on Nostr: nprofile1q…ns0kv nprofile1q…rpfuj There are a few misdirections in the question ...



There are a few misdirections in the question he posed:

His effective tax rate is tiny, doubling it still makes it much lower than most people pay.
Most of his wealth gain is untaxed. What would happen if unrealised gains were taxed? You can do this without crashing asset value by allowing payment in shares where the IRS agrees, so the government would gradually own a laregr stake in Amazon, rather than requiring Bezos to sell a big chunk of his Amazon shares to cover taxes. Would that help the 'nurse in Queens'?
Most importantly: What if the taxation system had prevented the level of wealth inequality that allowed him to become a billionaire in the first place? How much would that help Amazon workers, the 'nurse in Queens', and US society in general?