Close Menu
FSNN | Free Speech News NetworkFSNN | Free Speech News Network
  • Home
  • News
    • Politics
    • Legal & Courts
    • Tech & Big Tech
    • Campus & Education
    • Media & Culture
    • Global Free Speech
  • Opinions
    • Debates
  • Video/Live
  • Community
  • Freedom Index
  • About
    • Mission
    • Contact
    • Support
Trending

CoinDesk 20 performance update: BNB is only gainer as index drops 2%

10 minutes ago

House Committee Leaders Urge Trump to Nominate CFTC Members, Citing CLARITY Act

12 minutes ago

Hyperliquid Policy Arm Rejects Market Integrity Concerns Amid Oil Futures Surge

14 minutes ago
Facebook X (Twitter) Instagram
Facebook X (Twitter) Discord Telegram
FSNN | Free Speech News NetworkFSNN | Free Speech News Network
Market Data Newsletter
Friday, May 15
  • Home
  • News
    • Politics
    • Legal & Courts
    • Tech & Big Tech
    • Campus & Education
    • Media & Culture
    • Global Free Speech
  • Opinions
    • Debates
  • Video/Live
  • Community
  • Freedom Index
  • About
    • Mission
    • Contact
    • Support
FSNN | Free Speech News NetworkFSNN | Free Speech News Network
Home»News»Media & Culture»These Politicians Want To Tax the Rich. But Why Do They Seem To Despise Them?
Media & Culture

These Politicians Want To Tax the Rich. But Why Do They Seem To Despise Them?

News RoomBy News Room2 hours agoNo Comments4 Mins Read798 Views
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
These Politicians Want To Tax the Rich. But Why Do They Seem To Despise Them?
Share
Facebook Twitter Pinterest Email Copy Link

Listen to the article

0:00
0:00

Key Takeaways

Playback Speed

Select a Voice

Our politics have been analogized to Veep. A more apt comparison some days is that we are living in a cartoon. Every good cartoon needs a supervillain or three. Our supervillains created millions of jobs, made goods cheaper and far easier to obtain, and revolutionized access to information, among other terrible, terrible things. 

I am referring to billionaires. Reasonable people will debate, and disagree on, the best way to sketch out the tax code. Protestations to “tax the rich” have long been central to progressive politics. But last week’s Met Gala was a reminder that there is something else undergirding those calls: what seems like legitimate hatred or, at a minimum, disgust. Why?

The Met Gala, of course, is a convenient backdrop for this kind of criticism: a ludicrous event where many of the ultrarich gather together, hobnob in opulent costume, and, at least in one case, protest their own existence. This year, however, was even more convenient, because the gala was sponsored by our main cartoon villain: Jeff Bezos.

“If Jeff Bezos can drop $10 million to sponsor the Met Gala, he can afford to pay his fair share in taxes,” said Sen. Elizabeth Warren (D–Mass.) in one of the more civil criticisms offered. Sen. Bernie Sanders (I–Vt.) was more pointed:

The reality of American life today: Jeff Bezos, worth $290 billion, spent:

$10 million on the Met Gala
$120 million on a penthouse
$500 million on a yacht

Meanwhile, he’s planning to throw 600,000 Amazon workers out on the streets and replace them with robots.

Unacceptable.

— Sen. Bernie Sanders (@SenSanders) May 5, 2026

Rep. Alexandria Ocasio-Cortez (D–N.Y.) went on to tell comedian Ilana Glazer, worth quite a bit of money herself, that it is simply not possible to earn a billion dollars. “You can get market power, you can break rules, you can abuse labor laws, you can pay people less than what they’re worth,” she said, “but you can’t earn that.”

The common theme here is that Bezos et al. are, in effect, not just subject to an unfair tax rate. It is that they are evil. He is not paying his “fair share,” he is throwing people out onto the streets, he and others must have abused the law.

Reason‘s Christian Britschgi explained last week why this general outlook betrays economic reality. But it’s also important to interrogate the basic idea that someone is evil because he is rich, which has become common wisdom in certain circles. There are certainly wealthy people who are rotten. Making a product that others want, though, does not make someone a bad egg. Amazon, founded by Bezos, allows people to get items much quicker and often for considerably less money. As of December of last year, the company employed 1.58 million people. He is our cartoon villain?

There are other examples. Sergey Brin and Larry Page gave the world near-unfettered access to information with Google. Maybe it’s even how you found this article. (Thanks.) Steve Jobs effectively put computers in our pockets, facilitating more intimate communication and connection with friends and loved ones near and far. Elon Musk, for all of his controversy, helped pioneer the modern electric vehicle and is investing in technology to help people with neural issues regain function. Why is this never a part of the story?

This ire is not constrained to the yearly Met Gala. Perhaps nothing captures it better than a video New York Mayor Zohran Mamdani filmed last month, standing on the street, sneering while he informed constituents that “today, we’re taxing the rich.” The proposal: a pied-á-terre tax on luxury units whose owners do not live full-time in the city. Why sneering? Because Mamdani was outside of one such unit. He pointed upward at the penthouse and named and shamed its owner, Ken Griffin. Perhaps there is a conversation to be had about an additional tax on high-end, part-time residences. A government leader expressing such revulsion for a constituent is another thing entirely. One of the two men has a lot of audacity, and it is not the private citizen.

Griffin, after all, is a major contributor to the New York economy, though he has reportedly begun scaling back in response to the video. He is also a major philanthropist, having given away billions of dollars. Bezos, meanwhile, recently gave a $100 million donation to a charity funding early childhood education in New York. Will Bernie Sanders add that to his list of Bezos expenditures?



Read the full article here

Fact Checker

Verify the accuracy of this article using AI-powered analysis and real-time sources.

Get Your Fact Check Report

Enter your email to receive detailed fact-checking analysis

5 free reports remaining

Continue with Full Access

You've used your 5 free reports. Sign up for unlimited access!

Already have an account? Sign in here

#FreePress #MediaAccountability #MediaAndPolitics #MediaEthics #PublicOpinion
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
News Room
  • Website
  • Facebook
  • X (Twitter)
  • Instagram
  • LinkedIn

The FSNN News Room is the voice of our in-house journalists, editors, and researchers. We deliver timely, unbiased reporting at the crossroads of finance, cryptocurrency, and global politics, providing clear, fact-driven analysis free from agendas.

Related Articles

Cryptocurrency & Free Speech Finance

Hyperliquid Policy Arm Rejects Market Integrity Concerns Amid Oil Futures Surge

14 minutes ago
Media & Culture

Why The US Can’t Adopt Ukraine’s Innovative Approach To Unmanned Warfare Systems

39 minutes ago
Media & Culture

Secret Recording at Pretend Date by O’Keefe Media Wasn’t Tortious, Court Holds

44 minutes ago
Cryptocurrency & Free Speech Finance

Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets

1 hour ago
Cryptocurrency & Free Speech Finance

Drake Calls for Sam Bankman-Fried’s Release in New, Critically Panned Album

2 hours ago
Media & Culture

Let’s Help Children, Not Trial Lawyers

3 hours ago
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

House Committee Leaders Urge Trump to Nominate CFTC Members, Citing CLARITY Act

12 minutes ago

Hyperliquid Policy Arm Rejects Market Integrity Concerns Amid Oil Futures Surge

14 minutes ago

Why The US Can’t Adopt Ukraine’s Innovative Approach To Unmanned Warfare Systems

39 minutes ago

Secret Recording at Pretend Date by O’Keefe Media Wasn’t Tortious, Court Holds

44 minutes ago
Latest Posts

U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission

1 hour ago

Traditional Financial Exchanges Sound Alarm on HYPE’s Commodity Perps

1 hour ago

Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets

1 hour ago

Subscribe to News

Get the latest news and updates directly to your inbox.

At FSNN – Free Speech News Network, we deliver unfiltered reporting and in-depth analysis on the stories that matter most. From breaking headlines to global perspectives, our mission is to keep you informed, empowered, and connected.

FSNN.net is owned and operated by GlobalBoost Media
, an independent media organization dedicated to advancing transparency, free expression, and factual journalism across the digital landscape.

Facebook X (Twitter) Discord Telegram
Latest News

CoinDesk 20 performance update: BNB is only gainer as index drops 2%

10 minutes ago

House Committee Leaders Urge Trump to Nominate CFTC Members, Citing CLARITY Act

12 minutes ago

Hyperliquid Policy Arm Rejects Market Integrity Concerns Amid Oil Futures Surge

14 minutes ago

Subscribe to Updates

Get the latest news and updates directly to your inbox.

© 2026 GlobalBoost Media. All Rights Reserved.
  • Privacy Policy
  • Terms of Service
  • Our Authors
  • Contact

Type above and press Enter to search. Press Esc to cancel.

🍪

Cookies

We and our selected partners wish to use cookies to collect information about you for functional purposes and statistical marketing. You may not give us your consent for certain purposes by selecting an option and you can withdraw your consent at any time via the cookie icon.

Cookie Preferences

Manage Cookies

Cookies are small text that can be used by websites to make the user experience more efficient. The law states that we may store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies, we need your permission. This site uses various types of cookies. Some cookies are placed by third party services that appear on our pages.

Your permission applies to the following domains:

  • https://fsnn.net
Necessary
Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
Statistic
Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Preferences
Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.