The pandemic is helping the rich get even richer. It's time to tax their obscene wealth
Bernie Sanders
@SenSanders
Tue 11 Aug 2020 06.15 EDTLast modified on Tue 11 Aug 2020 15.41 EDT
We are in the middle of an extraordinary moment in American history: a public health crisis, the worst economic downturn since the Great Depression, the existential threat of climate change and a president who is moving our country in an authoritarian direction.
In the midst of all these crises, there is another issue of major concern that is receiving very little attention. And that is the obscene level of income and wealth inequality which exists in our country and the fact that, during the pandemic, that inequality is becoming much worse.
While tens of millions of Americans are now facing economic desperation unemployment, loss of healthcare, evictions, hunger the very rich are becoming much richer. Here are three figures that should come as a shock to everyone in America:
$13,000,000,000. Thats how much Jeff Bezos, the wealthiest man alive, made in one day while the companies he owns denies paid sick leave, hazard pay and a safe workplace to hundreds of thousands of his workers.
More:
https://www.theguardian.com/commentisfree/2020/aug/11/the-pandemic-is-helping-the-rich-get-even-richer-its-time-to-tax-their-obscene-wealth