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Democrats want to tax billionaires. Here's how much Mark Zuckerberg, Elon Musk, and Jeff Bezos would pay under their new plan

1 month ago   |   By Business Insider

Blue Origin CEO Jeff Bezos and SpaceX CEO Elon Musk.
Joe Raedle/Getty Images/Axel Springer
Democrats want to raise taxes on billionaires to offset infrastructure spending, a new twist on their tax plans.
An analysis from economist Gabriel Zucman finds that the proposal could bring in $500 billion.
Elon Musk alone would owe up to $50 billion, while Jeff Bezos could pay up to $44 billion.
Democrats are inching toward a big new tax on billionaires. The latest proposal is a "billionaires' income tax" that would capture the untaxed massive stock gains that the richest of the rich have made in...
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