Jeff Bezos would pay an extra $2 billion a year if a proposed wealth tax for billionaires is passed by Washington lawmakers

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Departing Amazon CEO Jeff Bezos would pay almost $2 billion a year under Washington state’s wealth tax proposal.

State legislators have proposed a 1% tax on people who have more than $1 billion in wealth. The tax would only apply to nontangible financial assets, such as publicly traded options, futures contracts, and stocks and bonds.

But only around a dozen people would have to pay the tax, and four of them would account for 97% of the tax’s revenue, The Tax Foundation‘s Jared Walczak reported, citing Forbes data.

Between them, Jeff Bezos, Bill Gates, Steve details ⇒

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