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"Don't Pretend It'll Solve The Problem" - Jeff Bezos DISMANTLES Mamdani's Tax The Rich Agenda

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 23 May 2026

⏱️ 7 minutes

🧾️ Download transcript

Summary

PBD and Steve Hilton react to Jeff Bezos dismantling Zohran Mamdani’s “tax the rich” agenda, argue that California already proved soaking billionaires doesn’t fix schools or rents, and make the case for zero state income tax under $100k instead of squeezing nurses and workers.

Transcript

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0:00.0

Let's tax these billionaires.

0:01.0

We're in Aspen and all of a sudden I get a story comes out saying they need this 882,000 signatures to be able to pass on a 5% well tax. I'm like, of course they're going to get the signatures. What do you mean? Because it's only 200 billionaires. Of course they're going to come up with this. So guess what ends up happening? They get one and a half million plus signatures on a 5% tax. So that's going to be on it for people to vote. And then one by one by one, people like Bryn and others are leaving saying, you're not going to tax me on this. I'm out of here, right? Yeah. And then yesterday, Jeff Bezos is doing an interview with Sorkin, which, by the way, I thought this was a phenomenal, phenomenal interview. If you haven't watched this whole thing, you ought to put it on the list of things to watch

0:39.8

the next couple of days.

0:41.9

Here's what he had to say about taxes.

0:44.6

Go ahead, Rob.

0:45.7

And Elizabeth Warren has made this point.

0:47.2

I think she's made any reference to you and others are able to pay a lower tax rate,

0:52.8

even though you're paying an enormous sum in taxes,

0:56.0

a lower tax rate than maybe I am, for example.

1:00.0

These people sometimes say that, you know, I don't pay taxes.

1:04.0

It's not true.

1:05.0

I pay billions of dollars in taxes.

1:07.0

And it's a perfect, again, if people want me to pay more billions, then let's have that debate.

1:12.4

But don't pretend, you know, that that's going to solve the problem.

1:16.7

You could double the taxes I pay, and it's not going to help that teacher in Queens.

1:21.9

I promise you.

1:23.2

This is, so you can't connect those two things, not logically.

1:28.4

You know, they're more examples, why is rent expensive?

1:32.9

Why is rent so expensive?

1:34.4

I recently saw somebody bladed it on Airbnb.

1:37.4

Okay, Airbnb is not the cost of expensive rent.

1:40.5

In fact, it's been almost, no, let me finish here one second.

...

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