Bloomberg’s $34m presidential campaign ad-buy is 1.1% of the taxes Bernie, Warren and Steyer want him to pay / Boing Boing

December 2, 2019

Bloomberg’s $34m presidential campaign ad-buy is 1.1% of the taxes Bernie, Warren and Steyer want him to pay / Boing Boing:

Bloomberg is running in part because he opposes the progressive candidates’ “extreme wealth taxes” which would see him paying $3.7b under a Sanders presidency, $3b under a Warren presidency or $512m under a Steyer presidency — per year.

That $32m that Bloomberg has dumped into his ad-buy? It’s 1.1% of the tax bill he’d owe under Warren in the first year.

Bloomberg’s attempt to stop left wing candidates is a business expense.

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