Tax the Rich?

Taxes,Wealthy Americans

Posted on AllSides April 8, 2026

John Stossel

From the Right

John Stossel

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Opinion

"Tax the rich!" shout progressives.

Why not?

America's richest people are ridiculously rich.

"Five bucks to you is like $6 million to billionaire Jeff Bezos!" shrieks Sen. Elizabeth Warren.

Taking more from billionaires and millionaires just seems fair.

That's why Washington state passed a new "millionaire's tax," California will soon vote on a "billionaire's tax," and my mayor in NYC shouts, "increase taxes on the wealthiest New Yorkers!"

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